The Stinger Report: Social Entertainment Goes Golfing – part 2

In The Stinger Report #1072 – This issue covers in detail: Report Skinny 1. Continuing the exclusive review of the impact that mini-golf’s new-found popularity is having on the international social entertainment scene, with revenues exceeding $1billion. 2. Some of the perfusion of the UK’s new social entertainment mini-golf offerings are covered, such as Swingers, Junkyard Golf Club, and Urban Putt. But also, not forgetting the US interest in the growth of social mini-golf, with venues chains such as Putters and Gutters and Urban Putt. 3. This feature also reveals developments…

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Mayfield Park c. Studio Egret West & Factory Fifteen

U+I’s hunt for Mayfield funding goes on

The developer is still looking for lenders to back the first phase offices and car park at the large Manchester project. The developer ……. [has] updated the stock market on the “root and branch review” of the business. Shares in U+I fell 5% on Wednesday morning as it reported a pre-tax loss of £86.7m in the year to April compared to a £58.6m loss the year before. The net asset value of its portfolio fell 30% to £202m. A series of disposals reduced debt to £72.1m, a gearing level of…

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DXB Entertainments net loss widens to Dh2.7b

DXB Entertainments’, which owns and operates the Dubai Parks and Resorts theme park, net loss for 2020 widened over 215 per cent to Dh2.7 billion as compared with Dh855 million in 2019 due to Dh1.7 billion impairment losses on property and equipment. The jump in losses was also attributed to Dh346 million of non-cash depreciation. The company reported revenue of Dh144 million, 71 per cent lower than Dh491 million in 2019. Theme parks remained the highest contributor to total revenues, with Dh97 million, followed by Lapita and Riverland revenues of…

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