All Hotels articles – Page 17
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News
Aberdeen buys room2 aparthotel in Southampton
Aberdeen Standard Investments (ASI) has snapped up an aparthotel in Southampton with the purchase of room2’s flagship asset – the first institutional acquisition of a so-called ‘hometel’ Property Week reveals.
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News
Property investor Sir David Barclay dies
The property investor and The Telegraph owner Sir David Barclay has died aged 86 after a short illness.
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Online
Hotel investment plunges in 2020 as Covid-19 bites
Investment in the UK hotels market plunged to ten-year lows last year, as the Covid-19 pandemic hit deals.
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Online
Whitbread to pay half of December quarter rent
Premier Inn owner Whitbread has written to its landlords to say it will pay half of its December quarter rent.
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Online
Dalata Hotel Group EBITDA expected to be higher than predicted
Dalata Hotel Group expects its EBITDA to be marginally ahead of market expectations on 31 December despite the challenging environment.
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News
Bloomsbury hotel portfolio on the market for £37m
A collection of eight freehold hotel properties in London’s Bloomsbury is on sale for £37m total.
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Online
Whitbread reaffirms London expansion plans with new flagship hotel in Southwark
Whitbread has reaffirmed its expansion plans in the capital as it plans to open its new London flagship hotel in Southwark.
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Online
Nine Travelodge hotels move to competitor AGO
Nine Travelodge hotels have moved to new platform AGO Hotels following the break clause deadline on 18 November.
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Markets
Weathering the Covid storm
Amid lockdown 2.0, the south west region’s leisure industry is once again holding its breath.
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Online
Accor and Ennismore team up to create global lifestyle company
Europe’s largest hotel group Accor is planning to merge with Gleneagles owner Ennismore to create a new global company in one of the largest hotel deals to take place during the pandemic.
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Online
Whiteleys in Bayswater in pictures
The new images of London’s Bayswater former shopping centre have been released today.
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Online
Nikal funds new £38m Premier Inn hotel
Nikal has agreed a deal with LaSalle Investment Management to finance a £38m Premier Inn hotel in Birmingham.
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Online
Whitbread submits plans to convert central London police station into Premier Inn hotel
Whitbread has submitted plans to convert the Grade II listed Snow Hill Police Station in Farringdon into a 220-bedroom hub by Premier Inn hotel as it continues to expand in the capital.
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Online
Whitbread secures two Travelodge sites for Premier Inn
Whitbread has exchanged contracts to secure two Travelodge hotels for Premier Inn.
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Insight
Hotel sector favours the brave
Hotels have had a tough year. This was brought home in September with the news that the 478-room Hilton Times Square in New York would not be reopening, alongside several other Manhattan hotels. Closer to home, the Ace Hotel in Shoreditch announced that its doors would stay shut.
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Online
Stalled £50 million hotel development site at Plymouth Hoe brought back to the market
The waterfront site of a stalled £50m hotel development in Plymouth Hoe is up for sale again after the ending of an agreement between the council and the original developer.
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Online
First images revealed of Capital & Centric’s Leonardo Hotel in Manchester
The first images have been revealed of Capital Centric’s £35m Leonardo Hotel in Manchester’s Piccadilly East.
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News
Scottish government throws out Edinburgh luxury hotel plans
Scottish government ministers have thrown out an appeal for a 150-room luxury hotel in Edinburgh, claiming it would result in “considerable damage” to a location within the city’s UNESCO World Heritage Site.
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News
Wroxall Abbey Hotel & Estate secures new tenant
Savills has agreed a new 100-year lease at Wroxall Abbey Hotel Estate in Warwickshire on behalf of a private client to Trinity Hotel.
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News
Whitbread to invest £45m in expanding German portfolio
Hotel and restaurant operator Whitbread has agreed a €50m (£45m) deal to grow its German hotel portfolio by expanding its Premier Inn budget hotel brand.