Racehorse owner Tabor backs hotels deal
Tuesday 22 June 2004
Michael Tabor, the wealthy former bookmaker and racehorse owner, has emerged as a key investor in a £55m deal to buy two Thistle hotels in London. Mr Tabor is a well-known figure in the British racing industry and is understood to be backing the deal to acquire the freeholds of the hotels, which are both in Kings Cross.
He is a close associate of John Magnier, the Irish bloodstock magnate who, with his partner JP McManus, have built up a large stake in Manchester United Football Club.
Mr Magnier recently had a high-profile wrangle over the stud rights to Rock of Gibraltar, the record-breaking racehorse part owned by Sir Alex Ferguson, the Manchester United manager.
Mr Tabor's hotels deal involves the Thistle London Islington and the Thistle London Ryan, which will be operated by Travelodge, the budget hotel group. The freeholds have been acquired by Kirkmore Securities and will be leased out to Travelodge on a 35-year contract.
Travelodge refused to comment on Mr Tabor's involvement in the deal. The company already owns a 140-room Travelodge in Kings Cross which opened in December.
Diving in at the deep end is no excuse for shirking the style stakes
- 1 Stephen Fry ‘criticises Operation Yewtree in dinner party rant’ calling for tougher laws to deter false sex abuse allegations
- 2 Why I'm on the brink of burning my Israeli passport
- 3 Israel-Gaza conflict: ‘Sderot cinema’ image shows Israelis with popcorn and chairs 'cheering as missiles strike Palestinian targets'
- 4 War is war: Why I stand with Israel
- 5 Blackest is the new black: Scientists have developed a material so dark that you can't see it...
Ian Thorpe gay: Olympic swimmer comes out in Parkinson interview
Stephen Fry ‘criticises Operation Yewtree in dinner party rant’ calling for tougher laws to deter false sex abuse allegations
Israel-Gaza conflict: ‘Sderot cinema’ image shows Israelis with popcorn and chairs 'cheering as missiles strike Palestinian targets'
Israel-Gaza conflict: Israeli air strike destroys home for the disabled killing two women residents
Israel-Gaza conflict: Israeli PM says conflict may 'continue for a long time' as hundreds of Palestinians flee their homes
Sustained immigration has not harmed Britons' employment, say government advisers
War is war: Why I stand with Israel
7/7 memorial defaced on anniversary of 2005 attacks with ‘Blair lied thousands died’ graffiti
Australia facing international condemnation after turning around Sri Lankans at sea
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
Socialist Worker called to apologise over ‘vile’ article saying Eton schoolboy Horatio Chapple's death is ‘reason to save the polar bears’
iJobs Money & Business
£70000 per annum: Harrington Starr: Information Security Manager (ISO 27001, A...
£75000 - £85000 per annum + ex bens: Deerfoot IT Resources Limited: Biztalk Te...
£60000 per annum: Harrington Starr: Trade Desk Specialist (FIX, Linux, Windows...
£35000 per annum: Harrington Starr: Service Desk Analyst (Windows, Active Dire...