Coronavirus Update

At Leisure Property Services, we plan to continue business as usual where possible.  We are available by email and telephone and we can conduct meetings on Skype or What’s App.    However, as advised by the Government, we shall cease all site visits for the time being.   We will continue to monitor this rapidly changing situation closely and…

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Love Hotel

Put ‘Valentines’ and ‘hotels’ into your internet search engine, and results bouncing back list endless streams of romantic getaways, overnight deals, or romantic meals in the hotel restaurant. The free glass of Prosecco on arrival is the must have. Against a backdrop of pink hearts and flamingos, Lastminute.com asks those so inclined to “make a grand gesture this Valentine’s…

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A hospitable Brexit?

On 31 January, after several failed attempts, Britain finally left the European Union. Following the June 2016 referendum, in which 51.9% voted to leave, then prime minster Theresa May’s minority Conservative government faced parliament opposition to Brexit, which blocked the original leave dates of 29 March 2019, that was moved to 12 April, then 31 October 2019. But, with…

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Our Hotel Review of the Year 2019

The hotel world is one of constant change, with openings, closures, and multi-million-pound refurbishments. In the UK, specifically, the last few years have heard constant talk of how Brexit is affecting the market. All change In the UK, as the year progressed, many hotels were planned or changed hands, while London, unsurprisingly, remains king of the hotel castle with…

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Wetherspoons celebrates 40 years by opening more hotels

JD Wetherspoon recently marked its 40th birthday by announcing a £200 million investment into its pubs and hotels. The chain, which launched its first pub on 9 December 1979 in Muswell Hill, will open new sites across the UK and Ireland strengthening the already existing 875 boozers, and 58 hotels in the brand’s portfolio. It plans about 60 new…

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Hotels at Christmas … Bah Hum Bug, or Ho Ho Ho?

In the UK Christmas can be a complete bonus for hotels, with festive parties generating room nights, high bar bills and decent revenues from their restaurants. But that is not always the case. Hotels not located in town centres, and that cater almost exclusively to corporate travellers often find business drops to levels where it is no longer economic…

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A plague on Africa’s economy – The impact of disease on the continent’s hotel values

For decades reports of Africa being disease ridden have filled the newspaper columns, and TV screens in the mainstream media. Ebola, Malaria, sleeping sickness, bilharzia, dengue fever, Lassa Fever, Congo haemorrhagic fever, Yellow Fever, even Measles, have all been touted as reasons not to visit the continent. True, Africa certainly does seem to suffer disproportionally, compared to other continents….

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The impact of heroin addiction in the Seychelles

The Seychelles is currently suffering from the worst heroin addiction epidemic in the world, with almost one in 10 of the work force and 6.8% of the overall population, addicted to the drug. That is higher than anywhere else, even Kingston Jamaica or Baltimore USA. Yet this tragic heroin epidemic has had no adverse impact on the tourism industry in the Islands where tourist arrivals…

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Why hotels are used for big announcements

When Brexit party leader Nigel Farage made his announcement last Monday to only target general election seats held by what he called ‘Remainer parties’, prime minster Boris Johnson heaved a sigh of relief. For now, at least until election results are known on 13 December, Mr Johnson has a fighting chance of the Conservative/Brexit vote not being split by…

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Focus into Africa

Focus into Africa A spotlight on growth and investment opportunities taking place across Sub-Saharan Africa, were among the main topics for of the 2019 Africa Real Estate Investor Forum. The forum, which took place on 8 November at Knight Frank’s London offices was organised by Ace Corporate Events, is a platform for top tier global investors, funds and property…

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