All Hotels articles – Page 22
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OnlineBarclay family completes sale of Ritz hotel amid feud
Aiden Barclay has struck a deal to sell the Ritz hotel to a Qatari investor despite uncertainty caused by the outbreak of Covid-19.
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OnlineBristol Airport’s Hampton by Hilton hotel sold for £24m
The Ability Group has bought the Hampton by Hilton hotel at Bristol Airport for £24m.
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NewsTravelodge to miss rent payment as hotel sector repositions to meet Covid-19 crisis
Travelodge will not pay its quarterly rent today and Staycity has asked for a rent freeze as the outbreak of Covid-19 takes its toll on the sector.
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OnlineCovid-19: IHG warned of 60% decline in RevPAR
Hotel giant IHG has revealed plans to reduce costs and preserve cash, warning demand for hotels “is currently at the lowest levels we’ve ever seen.”
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OnlineMore hotel chains offer beds to the NHS
More hotel chains have offered up their empty rooms to the NHS to help manage the coronavirus outbreak.
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OnlineDBRS warns of coronavirus impact on UK hotel CMBS deals.
Ratings agency DBRS has warned of the potential fallout from coronavirus on UK hotel CMBS deals.
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OnlineCola Holdings appoints Savills to find a buyer for its £1bn Mayfair portfolio
Savills has confirmed it is on the hunt for a buyer for the hotel and retail portfolio.
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OnlineShiva Hotels refinances Covent Garden hotel
Shiva Hotels has completed the refinancing of its Middle Eight hotel in Covent Garden.
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OnlineFrederick Barclay threatens to sue family members if the Ritz sells for less than £1bn
Frederick Barclay has threatened to sue members of his family if The Ritz hotel is sold for less than £1bn, according to the Financial Times.
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OnlineCBRE appointed to sell Dublin’s Morrison hotel
CBRE has been appointed to sell The Morrison hotel in Dublin for a guide price of €80m (£69m).
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OnlineCommercial real estate investment plummets in January after bumper December
Total UK commercial real estate investment in January plunged to £1.4bn, down from the £10.2bn invested in December – the third-best month on record – and from the £3.3bn invested in January 2019.
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OnlineUrban&Civic to sell a 203-bed hotel in Manchester
The disposal of the hotel, which is operated by Marriott, is part of the company’s plan to focus on larger-scale developments.
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Online
Native Land gets permission for 109 extra homes and new hotel at Bankside Yards
Developer Native Land has been given the green light to build 109 more homes than initially planned at its Eastern Yards site in Bankside, London, in addition to a new hotel.
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OnlineTravelodge hires new property director
Travelodge has appointed Steve Bennett as its new property director.
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OnlineDalata posts rise in revenue and profit in 2019
Ireland’s biggest hotel company Dalata Hotel Group has reported rising revenue and pre-tax profit for 2019.
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OnlineLondon Elizabeth hotel launched to market
Savills has brought the London Elizabeth hotel in Lancaster Gate in Bayswater to market.
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NewsCola prepares to sell Westbury Hotel as part of £1bn-plus portfolio sale
Cola Holdings is planning to put the Westbury Hotel in Mayfair on the market as part of a portfolio sale of more than £1bn.
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OnlineMoore to head up Aprirose hotel division
Aprirose has appointed hotels expert Richard Moore as chief executive of its hotel management platform.
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NewsOakNorth funds £27m aparthotel in Aldgate
OakNorth Bank has provided £27m to Oaktree Capital Management to fund the development of a 12-storey aparthotel in Aldgate.
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MarketsHostel market gets an upgrade
Hotel operators and big investors gain a foothold in the growing sector.
