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Thistle Hotels is to invest £150m in the refurbishment of its Guoman luxury hotels in the UK over the next three years, including £20m for the Royal Horse Guards hotel in London. 28-Jul-2008 Thistle Hotels has sold six of its 49 hotels to Topland in a £185m sale and leaseback deal. 02-May-2005 Thistle Hotels has rejected a £554m takeover approach from BIL International of Singapore. 05-Mar-2003 Thistle Hotels has sold 37 of its 52 hotels to Orb Estates of London for £600m, but Thistle will continue to manage the hotels. 13-Mar-2002 Thistle Hotels is discussing plans to raise up to £450m from the sale of a portfolio of hotels, and the potential buyer is said to be Orb Estates. 05-Mar-2002 Thistle Hotels is to sell its 70-room hotel in Poole to Orb Estates, as part of a £30m redevelopment of the town's quayside area that will include a marina, luxury apartments and a new hotel with up to 150 rooms. 28-Aug-2001 Morrison Construction is forming a £140m alliance with Thistle Hotels to build up to 10 hotels in the UK and Ireland over the next five years. 23-May-2000 Thistle Hotels is to spend up to £80m modernising 1,800 hotel rooms this year, and also plans to open more health and fitness clubs. 02-Mar-2000 Thistle Hotels is linking up with 3D Leisure to set up health facilities at up to 30 of its hotels over the next three years. 07-Sep-1999 Thistle Hotels is selling the four-star 188-bedroom Charles Dickens Hotel in central London to Ryan Hotels for about £20m. 27-Jul-1999 Thistle Hotels is set to cut 154 jobs in Leeds by closing its Mount Charlotte Building Services subsidiary, and refurbishment work will now be contracted out. 22-Oct-1998 Thistle Hotels has sold 30 provincial hotels to the Lehman Brothers investment bank for £66m, and they will now be run by Peel Holdings. 04-Sep-1998 Thistle Hotels is looking to sell 30 provincial hotels, and has broken off talks with a potential bidder for the company - thought to be Nomura of Japan. 18-Aug-1998 Thistle Hotels has come up with a shortlist of five bidders to acquire all or part of its hotel chain, and the list includes financial buyers and other hotel groups. 18-Jul-1998 Thistle Hotels has received approaches from a number of companies that could result in a takeover bid, and interested parties are thought to include Stakis and some US real estate investment trusts. 10-Jun-1998 Thistle has outlined its growth plans which include the sale of 30 provincial hotels, the addition of new rooms to existing hotels, and a refurbishment programme. 04-Mar-1998 Thistle Hotels is planning to add 2,000 rooms to its hotel chain over the next few years, and will rebrand about 20 hotels under the Thistle name. 05-Mar-1997 Thistle, the hotel company, is planning a public share offer in order to reduce debt and then spend £120m on adding 2,000 rooms over the next four years. 21-Aug-1996 Thistle Hotels has confirmed that it is seeking a flotation. 11-Jul-1996
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