NEWS
Malhotra Group planning £43m revamp of Newcastle venues
POSTED 21 Nov 2013 . BY Tom Anstey
An artist impression of the revamped Scalinis restaurant in Jesmond Credit: The Malhotra Group
Leisure, property and care company The Malhotra Group is investing £43m in a revamp of its Newcastle leisure venues.

Two restaurants in the group’s portfolio will first undergo a £500,000 refurbishment, with the interior refurbishment designed by brand specialists Dakota International.

Malhotra’s plans for full renovations of its leisure arm will then continue with Newcastle’s Grey Street Hotel in 2014.

The developments come after the group secured a £25m deal structured by The Royal Bank of Scotland as part of a £100m investment into operations across its entire portfolio, having devised a five-year programme intended to invest £57m in care and a further £43m in leisure as a demonstration of the group’s commitment to the region.

RELATED STORIES
 


CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
 
Leisure Management - Malhotra Group planning £43m revamp of Newcastle venues ...
23 Apr 2024 Leisure Management: daily news and jobs
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

21 Nov 2013

Malhotra Group planning £43m revamp of Newcastle venues
BY Tom Anstey

An artist impression of the revamped Scalinis restaurant in Jesmond

An artist impression of the revamped Scalinis restaurant in Jesmond
photo: The Malhotra Group

Leisure, property and care company The Malhotra Group is investing £43m in a revamp of its Newcastle leisure venues.

Two restaurants in the group’s portfolio will first undergo a £500,000 refurbishment, with the interior refurbishment designed by brand specialists Dakota International.

Malhotra’s plans for full renovations of its leisure arm will then continue with Newcastle’s Grey Street Hotel in 2014.

The developments come after the group secured a £25m deal structured by The Royal Bank of Scotland as part of a £100m investment into operations across its entire portfolio, having devised a five-year programme intended to invest £57m in care and a further £43m in leisure as a demonstration of the group’s commitment to the region.




Connect with
Leisure Management
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Six Senses unveils urban wellness retreat in Kyoto inspired by Japanese Zen culture
Six Senses unveils urban wellness retreat in Kyoto inspired by Japanese Zen culture   23 Apr 2024

Six Senses Kyoto opens its doors today, marking the eco-luxury hotel and spa operator’s entry into Japan and a new addition to its urban collection. .... more>>
RSG opens flagship John Reed in Berlin, as its builds out its 'world city' portfolio
RSG opens flagship John Reed in Berlin, as its builds out its 'world city' portfolio   23 Apr 2024

With the launch of its 49th John Reed, RSG Group is looking for more opportunities for its high-end brand in the US and Europe. Cosmopolitan cities .... more>>
PureGym's new results set it up for accelerating growth
PureGym's new results set it up for accelerating growth   23 Apr 2024

PureGym saw revenues rise by 15 per cent in 2023, with the company announcing plans to develop 200 new clubs in the next three to four years. .... more>>
UAE’s first Dior Spa debuts in Dubai at Dorchester Collection’s newest hotel, The Lana
UAE’s first Dior Spa debuts in Dubai at Dorchester Collection’s newest hotel, The Lana   23 Apr 2024

The UAE’s first-ever Dior Spa has officially launched at The Lana, Dubai – the Dorchester Collection’s debut property in the Middle East. Bathed in .... more>>
Deloitte says European health club market hit an all-time high for revenues in 2023
Deloitte says European health club market hit an all-time high for revenues in 2023   22 Apr 2024

Following three disrupted lockdown years, the European fitness market bounced back in 2023, according to Deloitte and EuropeActive’s hot off the press .... more>>
Treningshelse Holding snaps up another Norwegian fitness chain as it sets its sight on market leadership
Treningshelse Holding snaps up another Norwegian fitness chain as it sets its sight on market leadership   19 Apr 2024

Norwegian health club operator, Treningshelse Holding, which owns the Aktiv365 and Family Sports Club fitness chains, has acquired fellow Norwegian operator, Aktiv Trening. The .... more>>
Company profile


Legend by Xplor

Legend by Xplor has been trusted by leading leisure operators for 20+ years, offering a complete end-to-end leisure management solution so operators can run their facilities easily and effectively.

View full profile>>

Catalogue gallery


Featured Supplier

Elevate your spa business: master global standards and thrive in Saudi Arabia's tourism boom

Elevate your spa business: master global standards and thrive in Saudi Arabia's tourism boom

Discover how to prepare your spa or wellness facility for the influx of international guests and meet global standards as tourism in Saudi Arabia surges. More>>




in this issue

• Virgin gets right to wipe out rent arrears
• Fitness industry mourns passing of Jan Spaticchia
• STA offers mindfulness resources



Latest jobs

Jobs Search



Fitness Motivator and Personal Trainer
Location: Market Rasen
Company: Everyone Active
Recreation Assistant (Dry Site)
Salary: Competitive
Location: Market Rasen
Company: Everyone Active
Party Leader
Salary: Competitive
Location: Gainsborough
Company: Everyone Active
Diary dates
Powered by leisurediary.com




22-24 Apr 2024

UK Aufguss Championships

Galgorm Resort, York,







Published by Leisure Media Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd