Tag Archives: Croydon Park Hotel

Council-owned Croydon Park Hotel calls in administrators

EXCLUSIVE: All 91 members of staff at the 4-star town centre hotel were made redundant on Monday, as the impact of the coronavirus pandemic hits the local economy hard. By STEVEN DOWNES The company which operates the Croydon Park Hotel … Continue reading

Posted in Business, Croydon Council, Croydon Park Hotel, Simon Hall | Tagged , , , , , , , , | 9 Comments

Chancellor is taking an axe to councils’ magic money tree

Croydon Council has more than £1bn of borrowings – half of which has gone on Brick by Brick and the purchase of some commercial properties. Proposals contained in the Budget this week could put an end to that, as KEN … Continue reading

Posted in "Hammersfield", Bernard Weatherill House, Brick by Brick, Business, Centrale, Colonnades, Croydon Council, Croydon Park Hotel, Croydon parks, Jo Negrini, New Addington, Planning, Property, Queens Gardens, Simon Hall, Tony Newman, Whitgift Centre | Tagged , , , , , , , , , , , , , , , | 1 Comment

£29m: Croydon tops the table for flogging off public assets

With inflated claims of returns from the council’s house-builder being compared to a Ponzi scheme, a former council official says, ‘We are in uncertain times and the risks being taken with public money are huge compared to the marginal potential … Continue reading

Posted in Brick by Brick, Business, Colonnades, Croydon Council, Croydon Park Hotel, Jo Negrini, Tony Newman | Tagged , , , , , , | 1 Comment

Councils’ property deals are ‘gambling with public money’

Councils across England – including Croydon and Sutton – have between them borrowed billions of pounds of public money to finance the purchase of real estate and commercial properties, a policy which could place some at risk of financial collapse, … Continue reading

Posted in Croydon Council, Jo Negrini, Property, Richard Simpson, Simon Hall, Sutton Council | Tagged , , , , , , , , | 1 Comment

Council paid £5m above asking price for Croydon Park Hotel

Under Jo “We’re Not Stupid” Negrini, Croydon Council last month paid £29.8million to buy the Croydon Park Hotel – nearly £5million more than the asking price when the property was put on the market just weeks earlier. Negrini, the council’s … Continue reading

Posted in Business, Croydon Council, Croydon Park Hotel, Jo Negrini, Simon Hall | Tagged , , , , | 5 Comments

Don’t mention the war! Council moves into the hotel trade

KEN LEE, Town Hall reporter, on the council’s latest wheeze to generate a bit of spare cash by buying up a loss-making hotel The council has bought the Croydon Park Hotel, the 4-star, 55-quid a night tower that’s well-used by … Continue reading

Posted in Business, Croydon Council, Croydon Park Hotel, Fairfield, Jo Negrini, Simon Hall, Tony Newman | Tagged , , , , , , , , , | 9 Comments