London’s stylish The Cumberland Hotel has scooped the ‘Individual Hotel or Individual Hostel of the Year’ award at UKinbound’s annual Excellence Awards. And The Cumberland’s parent hotel group, Guoman & Thistle Hotels - which includes other iconic properties such as the five star The Royal Horseguards in London - was also named as ‘Hotel Group of the Year’ at the … [Read more...]
Admiralty Arch to become Armani Arch?
The Daily Mail reports that a deal between Armani and the government is at an 'advanced stage' and that the Armani fashion house - which already has successful hotels in Dubai and Milan – is planning to convert London’s landmark Admiralty Arch into a luxury hotel. As previously reported by H & C News, the majestic Admiralty Arch is set to become an iconic London hotel … [Read more...]
Ibis tops Hotel Brands in Europe in 2013
Ibis has become Europe's number one hotel brand in the European Hotel Brands Rankings in 2013, with 1,277 hotels and 121,882 rooms across the continent (source: MKG Hospitality Database, 2013). Georges Panayotis CEO of MKG Group commented: "This represent a major move in the rankings, as it positions owning group Accor – already the number one hotel group in Europe – as … [Read more...]
16,500 Hotel Rooms in planning in the UK
There were planning applications for over 180 new hotels submitted to local authorities for approval during 2012. With 115 hotels also undertaking significant refurbishment or extension, there are active new construction projects involving over 16500 new hotel rooms across the UK - according to recent data released by construction information provider Planning Pipe. The … [Read more...]
Rezidor: profitable asset-light growth continues
Rezidor has reported that RevPAR, cash flow from operations and EBITDA margin all improved in 2012, whilst structural changes were undertaken during the year to build a strong platform for continued profitability improvement. Comments from Wolfgang M. Neumann, President & CEO "Despite a continued fragile global macroeconomic climate, Rezidor's Like-for-Like RevPAR … [Read more...]