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Whitbread to expand 'green portfolio'
The Restaurant Group
Hospitality giant to launch second environmentally-friendly budget hotel in London
acquires historic pub
Brunning & Price, The By Tom Walker
Restaurant Group's pub arm, has
acquired the The Nevill Crest & Hotel and restaurant group
Gun near Tunbridge Wells from Whitbread has revealed plans
Whitbread. The Grade II-listed to open its second green
pub is believed to date back Premier Inn hotel and its first
more than 500 years and until low-carbon restaurant.
recently was operated under the The launches are part of its
Brewers Fayre brand. The Good Together sustainability
property includes a main bar programme, which aims to cut
with two seating areas, an carbon emissions by a quarter
84-cover restaurant, a 90-cover (26 per cent) by 2020.
beer garden, and a large car Whitbread will build a
park. The site also includes a environmentally-friendly, The hotel will include a number of carbon-reducing measures
flat, bedsit, and attic rooms, 60-bedroom Premier Inn hotel
plus manager's four-bedroom in Burgess Hill, West Sussex. restaurant adjacent to the timber frame construction
accommodation within a Scheduled to open in Autumn property, which will share the methods from sustainably
detached converted barn. 2010, the hotel is designed to hotel's carbon-saving solutions, sourced wood. Timber frame
deliver 70 per cent carbon and including ground-source heat has the lowest carbon content
UCL to open 15 pubs
60 per cent water savings. pumps, rainwater harvesting of any commercially-available
over next two years
It is the second 'green' and grey water recycling. building material and its
Pub operator Urban & Country Premier Inn in the UK – the first Both the Premier Inn hotel flexible design allows for high
Leisure (UCL) will open fifteen opened in Tamworth in 2008 and Beefeater restaurant at levels of insulation to achieve
new pubs over the next two – and features a Beefeater Burgess Hill will be built using maximum energy efficiency.
years. The expansion is part of a
£10m investment programme for
Prezzo acquires
the company, which currently
Hospitality values decline in 2009
operates 12 pubs in the UK. The
Stortford hotel
roll out will be funded by a Prezzo, the casual
group of private investors which Italian-style restaurant
includes Birmingham-based operator, has acquired the
Bridgehouse Capital. UCL 26-bedroom George Hotel
markets its properties as in Bishop's Stortford,
affordable gastro pubs Hertfordshire from Punch.
Prezzo, which owns 140
Michelin awards record
restaurants across the UK,
number of stars
will occupy the ground
This year's Michelin Guide to floor and basement and is
Great Britain and Ireland now exploring options for The value of hotel properties in the UK fell by a third during 2009
includes one new three-star the rest of the property,
restaurant – Alain Ducasse at which could include By Tom Walker cent in 2009, while the value of
The Dorchester – and one new selling off the upper parts. restaurants fell by 30 per cent
two-star – The Ledbury – both in Brandon Elmon, The property values of hotels, and pubs by 29 per cent.
London. Included in the list of director of agency and restaurants and pubs all Christie + Co head of hotels
18 new one-stars is The Harwood acquisitions at Davis suffered heavy falls during Jeremy Hill said most complet-
Arms, Fulham, the first pub in Coffer Lyons, who 2009, while the emergence of ed property deals in the hotel
London to achieve the accolade. handled the deal, said: new budget health club chains sector involved companies that
Bray-on-Thames, Berkshire – "Acquiring this type of gave the fitness industry a were in administration or had
home to The Fat Duck – has property is a new source much-needed lift. to offload property to bump up
gained another star with the of opportunity for Prezzo According to the Business cash flow.
addition of The Royal Oak, a and is something that we Outlook report, published by "Distressed cases made up the
traditional village pub in nearby will be actively seeking leisure property specialist majority of transactional
Paley Street owned by countrywide in 2010." Christie + Co, the average activity that took place during
broadcaster Michael Parkinson. hotel value declined by 34 per the year", he said.
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