Deloitte has released results of a survey undertaken in conjunction with TNS of almost 100 senior hospitality figures, conducted ahead of the 24th Deloitte European Hotel Investment Conference, taking place in London 13-14 November. The survey reveals that 41% expect regional UK hotel top-line performance could take up to five more years to return to its previous peak. … [Read more...]
Master Innholders to Stretch the Boundaries
The Master Innholders next Annual Hotel General Managers’ Conference will take place on 14 and 15 January 2013 at Grosvenor House, Park Lane London. The organisation’s 20th annual conference, ‘Stretching the Boundaries’, will focus on the economic issues currently facing the hotel industry. The two-day event will include presentations from a range of hotel and finance … [Read more...]
Travelodge and The Gym Group shape up for co-expansion
Travelodge and The Gym Group, the UK ’s fastest growing low-cost fitness chain, have announced plans to find ten sites in London and the South East where they can co-locate, via a £70 million investment plan. Both companies are currently seeking to meet ambitious targets in and around the capital, and after successfully co-locating at four locations in the UK , have decided … [Read more...]
IHG announces first EVEN Hotel
IHG (InterContinental Hotels Group) has signed the first property for its new EVEN™ Hotels brand with ownership group CWC, Inc. The IHG managed hotel will be located at 219 E 44th Street in the heart of midtown Manhattan in New York City, and will be a flagship property for the brand. The hotel will be a new build scheduled to open in late 2014 and will feature 23 guestroom … [Read more...]
Hyatt purchases Hyatt Regency Birmingham
Hyatt Hotels Corporation has purchased the Hyatt Regency Birmingham hotel in the UK for approximately USD$43 million. The hotel has operated as Hyatt Regency Birmingham since its opening in 1990. Through its affiliates, Hyatt was one of the original co-owners, and since 2002 the hotel has been operated under a third-party management agreement. Starting in 2013, a … [Read more...]