Tesco and Ricoh Arena join De Vere Venues

Tesco training centre Ponsbourne Park and the Ricoh Arena in Coventry will become part of the De Vere Venues portfolio this month.

Tony Dangerfield, De Vere Venues CEO and Daniel Gidney, chief executive of the Ricoh Arena
Tony Dangerfield, De Vere Venues CEO and Daniel Gidney, chief executive of the Ricoh Arena

The Ricoh Arena will rebrand its hotel as part of De Vere Venues this month while De Vere staff will be selling the venue’s conference and events facilities on behalf of the Ricoh Arena. With the Compass Group continuing to operate the day to day management of the site; the Ricoh sales and management team will now benefit from the £300m 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, breakout spaces and coffee points.
Ricoh Arena, which can accommodate up to 5,000 delegates, expects to complete the expansion by the end of the year.

Tesco residential training centre, Ponsbourne Park in Hertfordshire, will also become a De Vere Venue this month. The 17th century Ponsbourne Park incorporates dedicated residential meeting and event space, an award winning restaurant and a gym, five all-weather tennis courts and outdoor heated swimming pool.

De Vere Venues chief executive Tony Dangerfield 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.

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