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Two hotels overlooking The London 2012 Olympic Park for sale

By James Russell: Two hotels overlooking The London 2012 Olympic Park for sale

July 19, 2012

CBRE Hotels EMEA have been appointed to sell The Holiday Inn and Staybridge Suites Westfield, on behalf of Patron Capital and Cycas Hotel Partners. The hotels are located in the heart of Westfield Stratford City, Europe’s largest urban shopping centre (1.9m sq ft) and part of the leading urban regeneration project in London. They are close to London’s iconic 2012 … [Read more...]

New boutique hotel: The Lalit, London

By James Russell: New boutique hotel: The Lalit, London

July 19, 2012

The Lalit Suri Hospitality Group will open a high-end boutique hotel in London by the end of 2014, after paying £15 million to acquire a prominent site, which will be converted into a hotel. Located near Tower Bridge in the City of London, the group has bought a ‘heritage’ building - St Olave’s was formerly a grammar school. The company will start the restoration and … [Read more...]

London hotel prices soar for 2012 Olympics

By James Russell: London hotel prices soar for 2012 Olympics

July 18, 2012

At 16 July, hotel prices across London have soared to an average £189 over the Olympics period – currently close to a 70% increase in average daily rate (ADR) in comparison to the same time period last year. In the latest report of reservations currently on the books, leading hotel market intelligence provider TravelClick has revealed hoteliers are enjoying strong demand in … [Read more...]

Energy Savings in the Hospitality Industry

By James Russell: Energy Savings in the Hospitality Industry

July 17, 2012

ebmpapst is a world leader in the motors and fans used in air conditioning, ventilation, refrigeration and heating equipment: the chances are very high that their products are in use right now within your hotel, restaurant, pub or catering establishment. Over 40 years of experience and innovation, combined with a range of no less than 14,500 products, means that they are … [Read more...]

Next citizenM project attracts fierce bidding

By James Russell: Next citizenM project attracts fierce bidding

July 16, 2012

As recently announced, citizenM has not only recently opened its first London hotel at Lavington Street, near the Tate Modern (as reported in H&C News on 11 July - click here ) but has three more in the pipeline including one at Holborn, and another at Trinity Square, EC3. CitizenM London St Paul’s will anchor a mixed development on the Citicape House site at 61-65 … [Read more...]

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