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Fuller's cashes in with sale of London pubs to Admiral Taverns

Fuller's has agreed to sell a portion of its London pubs to help strengthen its balance sheet and prepare for further deals. ....

London , City-of , United-kingdom , Britain , Philipp-westermann , Laura-mcguire , Smith-turner , Chris-jowsey , Admiral-taverns , Inns-division , South-east , Tenanted-inns-division

Another record result for the Motel One Group as it closes 2023 financial year

The Motel One Group continues its success story and closes the 2023 financial year with a record turnover of EUR 852 million. ....

Germany , Berlin , Brussels , Bruxelles-capitale , Belgium , Hamburg , German , Philipp-westermann , Cloud-one-hotel , Hotels-resorts-gmb , Motel-one-group , Motel-one-gmb

Motel One prepares for IPO as founder retakes control

London private equity group Proprium Capital Partners has offloaded its shareholding in Motel One back to the German low-cost hotel chain’s founder in a deal worth €1.25bn. ....

Munich , Bayern , Germany , United-states , United-kingdom , Philipp-westermann , Motel-one , Zone-hotels , Motel , Prepares , Founder , Retakes