All Hotels articles – Page 7
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NewsAprirose spends £10.6m on Whetstone Travelodge and Halfords site
Real estate investor Aprirose has acquired for £10.63m the freehold of an asset in Whetstone, north London, let to Travelodge with 18 years remaining on the lease, from Aviva Investors.
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NewsBlantyre and Fairtree check in to Crerar Hotel Group
Investors Blantyre Capital and Fairtree Hotel Investments have bought Scotland’s Crerar Hotel Group for a deal “in the region of tens of millions of pounds” from a group of shareholders.
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OnlineHotel investment begins to recover from pandemic, says Knight Frank
The hotel investment market has begun its recovery from the Covid-19 pandemic, new research has found.
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MarketsA sector with room for growth
Hotel chains are expanding across Europe despite tough economic conditions.
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NewsFattal checks in to Brighton’s Grand Hotel
Fattal Hotel Group, owner of Leonardo Hotels UK & Ireland, has acquired Brighton’s Grand Hotel from the Weston family that controls Associated British Foods, for around £60m.
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NewsDalata Hotel Group purchases Maldron Hotel for £44.3m
Dalata Hotel Group, a hotel operator in Ireland with a growing presence in the UK and continental Europe, has announced the acquisition of its first Maldron hotel in London for £44.3m.
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NewsDublin’s Morrison Hotel agrees €42.55m refinancing deal with Leumi UK
Specialist hotel lender Leumi UK has signed a €42.55m (£37.5m) facility deal to refinance the Morrison Hotel, a 145-room Hilton Curio-branded hotel in Dublin city centre.
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OnlineJastar Capital buys London aparthotel in £40m-plus deal
London aparthotel Native Bankside has been sold by Create REIT to Jastar Capital in a deal in excess of £40m.
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NewsHotel deals tipped to bounce back from dip in 2022
Hotel deal activity is predicted to pick up pace in 2023 as the sector continues to recover, according to reports from Savills and Knight Frank.
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NewsLondon Resort to scale back £2.5bn theme park plans as boss quits
Proposals for multi-million pound Kent theme park the London Resort have been “significantly” scaled back after a “tumultuous year” for the troubled project, according to Steve Norris, chairman of developer London Resort Company Holdings (LRCH).
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OnlineDilly Hotel sale completes
The Fattal Group has completed its purchase of London’s The Dilly Hotel from Archer Hotel Capital.
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NewsWatergate Bay Hotel owner checks in to Sands Resort
The family firm that owns the Watergate Bay Hotel has acquired a 72-room hotel, the Sands Resort, one mile from its hotel in Cornwall, for an undisclosed amount.
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NewsGWM’s Credo Fund provides €58.4m refinancing for Dublin’s Hampton by Hilton hotel
London-based asset manager GWM Group has provided a €58.4m senior loan and refinanced a construction loan on a newly built Dublin hotel.
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OnlineLXi strikes Travelodge leasing deals
LXi REIT has agreed a lease re-gear deal with Travelodge on all of the 122 hotels in its Secure Income REIT portfolio.
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OnlineTravelodge to double London hotel portfolio to 206
Travelodge has kick-started an ambitious London expansion programme with the opening of a hotel in Wimbledon.
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OnlineHotel trading exceeds expectations but pace of recovery set to slow, report finds
The UK hotel market has continued its recovery, delivering a strong trading performance, according to the latest UK Hotel Trading Performance Review 2022 by Knight Frank, in partnership with HotStats.
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OnlineTravelodge expects development to return to ‘more normal levels’ in 2023
Hotel chain Travelodge has told investors it expects new hotel openings to “return towards more normal levels next year”, after development was hit by the Covid-19 pandemic.
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InsightJansons Property’s Tom Jansons on the hotel industry re-emerging as a growth sector
Hotels are recovering quickly from the impact of Covid-19 with occupancy rates proving promising for the remainder of 2022, as events and travel resume and approach pre-pandemic levels.
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OnlineLXi bucks property sector trend as NAV nudges up in first half
LXi REIT has posted a rise in net asset value during the first half of its financial year, bucking the industry’s downward trend due to softening yields.
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OnlineBonnejean inducted to leading hospitality group
Christie & Co’s Carine Bonnejean has been inducted into the International Society of Hospitality Consultants (ISHC).
