Showing posts with label HOTELS. Show all posts
Showing posts with label HOTELS. Show all posts
Monday, 8 July 2013
Monday, 1 July 2013
Wednesday, 12 June 2013
Floating hotel piggy-backs into Gibraltar
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| (Photo: chronicle.gi) |
GIBRALTAR Gibraltar’s new floating hotel, Sunborn Gibraltar, arrived yesterday morning on the back of a transportation vessel. She was due to be floated off her host this morning and will later be moved to Gibdock for minor preparatory work. According to The Gibraltar Chronicle, Brian Stevendale, CEO for Sunborn Gibraltar, said: "This is a huge news story for Gibraltar, the arrival of the world’s first five star yacht hotel on our shores. She’s a stunning piece of workmanship and over 3,000 experts from across the world have been involved in her development and construction – a project of a monumental scale. "Not only will she provide a much needed luxury hospitality and events venue for Gibraltar, but she will also create 200 permanent jobs for local people.”
Friday, 31 May 2013
Wednesday, 22 May 2013
Monday, 20 May 2013
La Almoraima presents plans for a hotel and golf course
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| Partial view |
CASTELLAR The management of La Almoraima, once Europe's largest private estate and now run by the Junta de Andalucía, recently presented Castellar Council with a proposal for a Special Plan to convert farmland and forest to its use for tourism. The proposal is that the land under management but outside the boundaries of Los Alcornocales Nature Park, be used to build a five-star hotel and a golf course. The Mayor of Castellar confirmed that the proposal had been received but said that it was not close to being a project as it was still under careful study. He added that it was being 'looked on favourably', however.
Wednesday, 8 May 2013
Wednesday, 1 May 2013
Monday, 29 April 2013
Monday, 22 April 2013
Monday, 1 April 2013
Friday, 29 March 2013
Friday, 22 March 2013
Friday, 15 March 2013
Tuesday, 12 March 2013
NH announces staff reductions at 38 hotels in Spain
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| Almenara Hotel, Sotogrande |
MADRID / SOTOGRANDE The NH Hotels group yesterday presented its unions with EREs (Expediente de Regulación de Empleo, or 'provisional downsizing plans') that will impact 38 of its hotels in this country. The group owns Sotogrande S.A., as well as two major hotels inside that resort, the Almenara and the NH Sotogrande, plus the NH Algeciras Suites and the NH Campo de Gibraltar, and several on the Costa del Sol. There is no news as yet on which hotels will be affected, but negotiations with the unions are due to start on the 15th. The period for legal matters to be solved is thirty days, which means that redundancies may start around mid-April.>>>
Friday, 8 March 2013
Monday, 29 October 2012
KKR posed to buy Sotogrande owner in private equity deal
MADRID (Investment Europe) NH Hoteles, Europe's third largest business hotel operator by rooms count and owner of Sotogrande S.A., has long been tipped as a private equity target given its large debt and that of its savings bank shareholders, which together own nearly a third of the firm. According to Spanish media, KKR could invest in NH Hoteles by first acquiring a 15.7% stake held by the parent of nationalised lender Bankia, worth about €100m or through a capital. NH Hoteles has nearly €1bn of debt and €193m of operating cash flow in 2011, and has been trying to sell its assets to COMING SOON:
Friday, 29 June 2012
Friday, 22 June 2012
Friday, 8 June 2012
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