Hotel transactions in Q3 totalled £522m in value, nearly half of that recorded in Q3 2015 and total transactions for the year-to-date were also significantly below that of last year.
London hotel sells services to neighbouring short term rental apartments
The Bermondsey Square Hotel is offering a selection of hotel services for local rental apartments within one mile of the hotel including housekeeping services, key management, maintenance and guest point of contact.
Good Hotel, London’s newest floating hotel, joins HotelREZ Hotels & Resorts
Good Hotel is London’s first floating platform hotel and is located on the Royal Victoria Dock within easy reach of DLR’s Royal Victoria station, Emirates Cable Car, and London City Airport.
Nicolas Messian appointed new Hotel Manager at The Dorchester
Before joining The Dorchester, Nicolas served as the hotel manager at One & Only Royal Mirage and held senior roles at Soneva Fushi by Six Senses, Maldives and Goodwood Estates in Chichester, UK.
The Savoy unveils its new Royal Suite
The Royal Suite at The Savoy has been remodelled to enhance the heart of the space and encourage harmonious flow between the rooms, reflecting a comfortable and less formal experience.
Registration now open for Europe’s Second Annual Revenue Strategy Forum – 7 November, Amba Charing Cross Hotel, London
Hosted by Duetto, hotel industry experts from across the Continent will gather to discuss revenue strategy, distribution, and preparing for a possible industry downturn.
2017 Master Innholders Conference explores the future of hospitality
The Master Innholders 24th Annual General Managers’ Conference titled The Next Generation. An Industry Revolution. will take place 16-17 January 2017 at the newly opened Hilton London Bankside.
Hyatt announces sale of Hyatt Regency Birmingham in the UK
Over and above the £38.6 million purchase price, the purchaser will also spend £2.7 million in additional capital expenditures to further improve the property over the next three years. As part of the sale, a Hyatt affiliate has entered into a management agreement with the purchaser and the hotel will retain its Hyatt Regency branding.
New UK hotel brand, Principal, launching from Starwood Capital
Principal is a collection of city-centre hotels based in landmark buildings in exceptional locations across the United Kingdom.
Profit growth pegged back by escalating payroll costs at UK hotels
The study, Benchmarking Beyond RevPAR, which polled a consistent sample of nearly 45,000 hotel bedrooms across the UK over a 15-year period, revealed that payroll now comprises close to one third of a Regional hotel’s cost base.
