Jansons has announced the formal start of construction of a new hotel complex at the infamous Cowgate fire site in Edinburgh, and have also announced that LaSalle will take over the development upon its completion. The Cowgate fire originally attracted worldwide attention way back in December 2002 and since then complex negotiations between nine different owners and the … [Read more...]
Holiday Inn Express for Arena Central, Birmingham
Centre Island Birmingham is reported to have acquired a site from Arena Central Developments for a new 14-storey, 210-bedroom Holiday Inn Express hotel. Planning permission has already been granted for a hotel on the site. The Arena Central site is located opposite Centenary Square, and the new hotel will be positioned next to the Crowne Plaza Hotel, also owned by Centre … [Read more...]
Marriott International: third quarter 2012 results
Highlights • Diluted earnings per share (EPS) totalled $0.44, a 52% increase over prior year adjusted results • During the third quarter, the company completed the sale of its equity interest in the Courtyard joint venture resulting in cash proceeds of $96 million and a $41 million pre-tax gain • North America comparable company-operated REVPAR rose 7.0% in the third … [Read more...]
Dhillon Group into administration
The Crown Inn in Amersham, Buckinghamshire is the location of the now-famous romantic scenes between Hugh Grant and Andie MacDowell in Four Weddings and a Funeral – back in 1994. Now, however, it is operating under BDO after Dhillon Group was taken into administration last week. Four hotels are affected: The Crown Inn, Amersham – Grade 11 listed , 41 bedrooms Liongate … [Read more...]
Legacy Hotels in Bournemouth
Legacy Hotels and Resorts, which operates more than 20 hotels across England and Wales, has taken over the running of the Orchid Hotel and the former Woodcroft Hotel in Bournemouth. It is the first time Legacy, which specialises in running three and four star hotels, has operated in Bournemouth Both hotels sit in Bournemouth’s exclusive East Cliff, five minutes from the town … [Read more...]