Decision details

Redhill, Lease Arrangements - Autumn 2020 - EXEMPT

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Decisions:

Councillor T. Archer, Executive Member for Investment and Companies, introduced the exempt information in relation to the Redhill, Lease Arrangement – Exempt part 2 report.  A wide range of issues were discussed, including the current occupancy rates at the hotel; the expected rental income stream for 2021 and consequent budget implications; and the impact of an alternative brand at the hotel.

RESOLVED that the exempt information regarding Redhill, Lease Arrangements – Autumn 2020 be noted.

Publication date: 19/10/2020

Date of decision: 15/10/2020

Decided at meeting: 15/10/2020 - Partner, Shareholder and Trustee Executive Sub-Committee

Accompanying Documents: