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Ramada Jarvis
Ramada Jarvis was a chain of 4 star and 5 star hotels mostly located throughout the mainland of the United Kingdom, with a few managed internationally. The group's 42 hotels in the UK and five overseas went into liquidation in 2011 after experiencing cash flow problems. History The business was founded by John Jarvis who floated it on the London Stock Exchange in 1996 when it was valued at about £495 million. The company was taken private in 2003 in a management buyout for £159 million. Many of the Ramada Jarvis hotels in Britain had Sebastian Coe Health clubs. The clubs were also open to private members. The clubs had full gyms and pools with steam rooms, saunas, spa and massage rooms and hairdressers. Ramada Jarvis went into liquidation on 30 September 2011 as a result of a severely restricted cash flow caused by the Group's principal bankers calling in loans before their term. 26 hotels were acquired by Jupiter Hotels Limited, a 50:50 joint venture between Patron cap ...
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High Wycombe, England
High Wycombe, often referred to as Wycombe ( ), is a market town in Buckinghamshire, England. Lying in the valley of the River Wye, Buckinghamshire, River Wye surrounded by the Chiltern Hills, it is west-northwest of Charing Cross in London, south-southeast of Aylesbury, southeast of Oxford, northeast of Reading, Berkshire, Reading and north of Maidenhead. According to the 2021 United Kingdom census, High Wycombe's built up area has a population of 127,856, making it the second largest town in the ceremonial county of Buckinghamshire after Milton Keynes. The High Wycombe Urban Area, the conurbation of which the town is the largest component, has a population of 140,684. High Wycombe is mostly an unparished area. Part of the urban area constitutes the civil parishes in England, civil parish of Chepping Wycombe, which had a population of 14,455 according to the 2001 census – this parish represents that part of the ancient parish of Chepping Wycombe which was outside ...
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Mercure Hotels
Mercure is a French midscale hotel brand specialized in traditional hotels managed by committed hoteliers, and owned by Accor. Created in 1973 in France, the brand was acquired by Accor in 1975. The Mercure brand appears on 899 hotels in 61 countries (2021). Grand Mercure is the international premium brand of Mercure. History 1973–2007: Growth The first Mercure hotel was established in 1973 in Saint-Witz, France. In 1975, Mercure was acquired by the group Accor (then Novotel-SIEH) and became Novotel's complementary midscale brand in the group's strategy. In 1983, Mercure launched the ' where 80% of the wines were selected by Mercure's oenologists, and 20% were selected by the hoteliers. In 1989, Mercure opened its 100th hotel. In 1991, following Accor's acquisition of the Compagnie Internationale des Wagons-Lits, the Altea hotels acquired through this deal became Mercure hotels. Many hotel brands purchased by Accor throughout the 1990s (Parthénon, Libertel, Jardins de P ...
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Companies Formerly Listed On The London Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Hotel And Leisure Companies Of The United Kingdom
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator and other kitchen facilities, upholstered chairs, a flat screen television, and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, business centre (with computers, printers, and other office equipment), childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa, and social function services. Hotel rooms are usually numbered (or named in some smaller hotels and B&Bs) to allow guests to identify their room. Some boutique, high-end hotels have custom decorated rooms. Some hotels offer meals as part of a room and board arrangement. In J ...
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Hotel Chains In The United Kingdom
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator and other kitchen facilities, upholstered chairs, a flat screen television, and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, business centre (with computers, printers, and other office equipment), childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa, and social function services. Hotel rooms are usually numbered (or named in some smaller hotels and B&Bs) to allow guests to identify their room. Some boutique, high-end hotels have custom decorated rooms. Some hotels offer meals as part of a room and board arrangement. In Jap ...
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Ramada
Ramada is a large American multinational hotel chain owned by Wyndham Hotels and Resorts. As of December 31, 2018, it operates 811 hotels with 114,614 rooms across 63 countries under the Ramada brand. Name The ''Ramada'' name derives from the Spanish term ''rama'' (meaning "branch"). Temporary open-air structures called "ramadas" (meaning "porch" or "arbor"), made of brush or branches (similar to an arbor) were popular in Arizona during harvest time. Company websites commonly refer to the structure as a "shady resting place". History Longtime Chicago restaurateur Marion W. Isbell (1905–1988) founded the chain in 1953 along with a group of investors including Michael Robinson of McAllen, Texas (who later went on to start Rodeway Inns in the early 1960s) and Del Webb of Phoenix (who owned the New York Yankees and went on to establish his own lodging chain, Hiway House, in 1956). Other original investors of Ramada Inns included Isbell's brother-in-law Bill Helsing; M ...
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Haymarket Media Group
Haymarket Media Group is a privately held media company headquartered in London. It has publications in the consumer, business and customer sectors, both print and online. It operates exhibitions allied to its own publications, and previously on behalf of organisations such as the BBC. The company expanded outside the UK in 1999. History Haymarket began in the 1950s, under the name Cornmarket Press. Clive Labovitch and Michael Heseltine – later a Cabinet minister under Margaret Thatcher and Deputy Prime Minister under John Major – who had met at university, started out with the 1957 ''Directory of Opportunities for Graduates'', and in 1959 relaunched ''Man About Town'', which was to become an influential (if unprofitable) men's consumer magazine. The company failed in its relaunch of the British news weekly ''Topic'', the title closing at the end of 1962, within three months of the takeover. The partners split in 1965, with Heseltine renaming his half of the business Haymar ...
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Accor
Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. Accor operates in 5,300 locations in over 110 countries. Its total capacity is approximately 777,714 rooms. It owns and operates brands in many segments of hospitality: Luxury ( Raffles, Fairmont, Sofitel), premium (MGallery, Pullman, Swissôtel), midscale (Novotel, Mercure, Adagio), and economy (ibis, hotelF1). Accor also owns companies specialized in digital hospitality and event organization, such as onefinestay, D-Edge, ResDiary, John Paul, Potel & Chabot and Wojo. The company is headquartered in Issy-les-Moulineaux, France, and is a constituent of the CAC Next 20 index in the Paris stock exchange. History From Novotel to Accor In 1967, Paul Dubrule and Gérard Pélisson founded the hospitality group Société d'investissement et d'exp ...
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Royal Bank Of Scotland Group
NatWest Group plc is a British banking and insurance holding company, based in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, investment banking, insurance and corporate finance. In the United Kingdom, its main subsidiary companies are National Westminster Bank, Royal Bank of Scotland, NatWest Markets and Coutts. The group issues banknotes in Scotland and Northern Ireland; , the Royal Bank of Scotland was the only bank in the UK to still print £1 notes. Before the 2008 collapse and the general financial crisis, the Group was very briefly the largest bank in the world, and for a period was the second-largest bank in the UK and Europe and the fifth-largest in the world by market capitalisation. Subsequently, with a slumping share price and major loss of confidence, the bank fell sharply in the rankings, although in 2009 it was briefly the world's largest company by both assets (£1.9 trillion) an ...
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Hospitality
Hospitality is the relationship between a guest and a host, wherein the host receives the guest with some amount of goodwill, including the reception and entertainment of guests, visitors, or strangers. Louis de Jaucourt, Louis, chevalier de Jaucourt describes hospitality in the as the virtue of a great soul that cares for the whole universe through the ties of humanity.Jaucourt, Louis, chevalier de"Hospitality" The Encyclopedia of Diderot & d'Alembert Collaborative Translation Project. Translated by Sophie Bourgault. Ann Arbor: Michigan Publishing, University of Michigan Library, 2013. Trans. of , vol. 8. Paris, 1765. Hospitality is also the way people treat others, that is, the service of welcoming and receiving guests for example in hotels. Hospitality plays a fundamental role to augment or decrease the volume of sales of an organization. Hospitality ethics is a discipline that studies this usage of hospitality. Etymology Derives from the Arab , meaning "host", "gues ...
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Patron Capital
Patron Capital Partners ("Patron") is a European private equity real estate fund with its main investment advisor, Patron Capital Advisers LLP based in London, United Kingdom. Patron Capital Partners represents approximately €4.0 billion of equity across several funds and related co-investments. Its strategy is opportunistic and value-oriented, primarily targeting challenged assets such as distressed and/or undervalued property and property-related assets, loans and corporate entities. Patron was established in 1999 by Keith M. Breslauer is the founding partner and the managing director of Patron Capital. As of April 2020, the Patron team consists of 73 professionals including 41 investment professionals and advisers. Patron has operations across Europe with its main advisory offices in the UK, Luxembourg and Spain, and operates extensively through its local partners across all markets, with major operating partners in most markets including Germany, France and Portugal. As of ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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