De Vere Venues portfolio continues to grow

8th July 2010, 10:04am

De Vere Venues has this week announced two major contract wins with Ricoh Arena and Tesco training centre Ponsbourne Park.

The Ricoh Arena will rebrand its hotel, conference and event facilities as part of De Vere Venues this month. Compass Group will continue to operate the day to day management of the site. The Ricoh sales and management team will now benefit from the £300 million annual pipeline that De Vere Venues brings to the partnership.

Plans for the newest De Vere Venue include a £1 million development project which will see the expansion of the hotel to include additional bedrooms and the launch of a De Vere training suite.

The 5,000sq ft training centre will incorporate De Vere Venue's signature training and meeting space, syndicates and breakout and coffee points.  The Ricoh, which can accommodate up to 5,000 delegates, expects to complete the expansion by the end of the year.

This month will also see Tesco residential training centre, Ponsbourne Park in Hertfordshire, become a De Vere Venue.  Surrounded by over 200 acres, the 17th century Ponsbourne Park incorporates residential meeting and event space, an award winning restaurant and an expansive health and leisure offering incorporating a gymnasium, five all-weather tennis courts and a large outdoor heated swimming pool.

Tony Dangerfield, chief executive officer of De Vere Venues, said: "We are delighted to announce our two latest contract wins. At De Vere Venues we pride ourselves in our ambitious growth strategy and both the Ricoh Arena and Ponsbourne Park are fantastic assets to our diverse portfolio. In a time when other businesses are struggling its great to see our team continuing to grow the De Vere Venues brand."

Related Articles:

• 13 Sep 2010 - De Vere Hotels Resorts & Venues scoops “prestigious” HBAA Award
• 07 Jul 2010 - De Vere Venues welcomes 20,000 heroes home with £1 rooms

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