All Hotels articles – Page 23
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OnlineInvestment in UK hotels increases by more than a quarter
Investment in the UK hotel sector in 2019 reached £6bn, an increase of 26%, according to the report ‘UK Hotel Capital Markets: Investment Review 2020’, published by Knight Frank.
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NewsJapanese fusion chain Nobu to close Mayfair restaurant
Upmarket restaurant set to close one West End branch and open another in a new Nobu Hotel later this year
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OnlineRegal London secures loan for Whitechapel aparthotel
Developer Regal London has secured a £29.5m loan from Secure Trust Bank Real Estate to develop a 156-bed aparthotel and café in Whitechapel.
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OnlineCity of London confirms Wood Street police station sale
The City of London Corporation has completed the sale of Wood Street police station in the City of London.
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OnlineCity of London approves plans for Holborn Viaduct development
The City of London Corporation’s Planning and Transportation Committee has approved plans for a mixed-use development in London’s Holborn, which will be the greenest building in the capital.
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OnlineWhitbread gets green light for Camden hub hotel
Whitbread and development partner Demar Holdings has secured a resolution to grant planning permission for an 80-bed hub by Premier Inn hotel on Camden High Street.
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NewsBeaumont Properties gets green light for Knightsbridge hotel
The royal borough of Kensington and Chelsea has granted Beaumont Properties planning permission for its 120-bedroom hotel in Knightsbridge.
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OnlineOcubis given the green light for new Albert Embankment hotel
Ocubis has secured a resolution to grant planning permission for a 600-bed hotel in London, after abandoning plans for a residential-led mixed-use scheme on the site.
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OnlineGreen light for £300m hotel on site with tunnel to Harrods
A £300m hotel is to be built on a site in Kensington that has a secret tunnel to Harrods, after planning permission for the scheme was granted.
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OnlineSidra poised to buy the Ritz from Barclay brothers
Sidra Capital is close to buying the Ritz hotel in London from the Barclay Brothers, according to the Financial Times .
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NewsWalduck family buys Holiday Inn Bloomsbury from Vivion
Luxembourg-based real estate company Vivion Investments has sold the Holiday Inn hotel in Bloomsbury for around £90m to Imperial London Assets, the Walduck family’s investment firm.
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InsightHotels can learn from co-living sector
Editor: With Savills predicting an increase in UK hotel market activity this year , perceived stability in the market and the continued growth of the international tourist and staycation market, hotels are not alone in recognising the opportunities current market conditions offer.
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OnlineRockwell and Aviva finalise £106m funding deal for 400-bed hotel
Property developer Rockwell has completed a £106m deal with Aviva Investors to fund its development of a 400-bed Premier Inn hotel in London’s Docklands, Property Week can reveal.
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Onlineroom2 appoints investment manager
Boutique hotel and serviced apartment company room2 has appointed Aymen Souihli as its investment manager in a newly created role.
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OnlineVärde Partners agrees to sell The Dedica Anthology portfolio
Värde Partners has agreed to sell a portfolio of eight luxury hotels to Covivio for an estimated value of €600 (£511m).
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NewsReuben brothers strike deal to buy El Hotel Pacha as part of new business venture
The Reuben brothers are going into business with the owners of Pacha, the Ibizan club that became one of the world’s hottest nightspots during the 1990s.
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NewsTrilogy prepares hotel application for TfL HQ
Trilogy Real Estate is preparing to submit plans to convert Transport for London’s (TfL’s) headquarters overlooking St James’s Park into a 500-room hotel.
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OnlineSafestay expands further into Europe with three new acquistions
Hostel brand Safestay has acquired three hostels located in Europe for €3.7m (£3.1m) from Dreamgroup Management E.C.P.
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OnlineDalata ‘in line with expectations’ as Irish hotel group targets Liverpool opening
Ireland’s largest hotel operator Dalata has said earnings for the year will be “in line with market expectations” despite “tougher than anticipated market conditions in Dublin” during the second half of the year.
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Online
Marathon Asset Management sells hotel portfolio for £450m
Thai investment company DTGO has bought the Marathon hotel portfolio for around £450m from Marathon Asset Management.
