UK: 1,500 NEW JOBS FOR S&N HOTELS

Article Abstract:

The largest brewer in the UK, Scottish & Newcastle (S&N), has announced details of plans to expand its Premier Lodges budget hotel interests. The GB[pound] 100mn expansion will see the creation of a further 1,500 jobs in S&N's hotel division. The plans also call for the restyling of the lodges.

New capacity, new plant construction, Malt beverages, Alcoholic beverage industry

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UK: P&O GROUP TO VOTE ON STRIKE ACTION

Article Abstract:

It has been revealed that members of the officers' union, Numast, working for the P&O group are to vote on industrial action. If this vote goes in favour of strike action five P&O companies will be affected. It is believed that union officials are planning 24-hour and 48-hour stoppages on services to Ireland and the Continent. It is believed that the officers are upset at pay offers between 1.2% and 1.4%. The company can only afford to pay rises in line with inflation due to its most difficult year for a decade. If the union members vote in favour of industrial action the strikes are likely to be held during the busy summer season, thus affecting people travelling to the Euro 2000 football tournament in Holland/Belgium and summer tourists.

Personnel administration, Spain, Passenger Ships, Deep Sea Passenger Transportation, Water Transportation of Passengers, Cruise lines, Passenger vessels, P&O Princess Cruises PLC

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UK: BASS ACQUIRES HOTEL IN LONDON

Article Abstract:

Bass has purchased the 50% stake in Hotel Inter-Continental it did not already own in a GB[pound] 56mn deal revealed on 2 December 1999. The UK-based brewing and hotel group bought out Apsley Hotels in the deal for what is the Inter-Continental chain's flagship hotel, situated at Hyde Park Corner in London. Bass is aims to employ acquisitions and new management contracts to achieve a four-fold increase in the size of Inter-Continental and Crowne Plaza during the coming five years.

Acquisitions & mergers, Mergers, acquisitions and divestments, Bass PLC

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