Following the 12.4% increase in profit per room in 2011, Amsterdam hoteliers recorded a second consecutive month of profit decline for the new year, as the city suffered decreases across all headline performance measures during February, according to the latest HotStats report by TRI Hospitality Consulting. Whilst the 13.7% decline in profit per room in February was … [Read more...]
IHG appoints Chief Brands Officer
InterContinental Hotels Group (IHG), one of the world’s largest hotel companies has appointed former McDonald’s Chief Marketing Officer, Larry Light, as Global Chief Brands Officer. Reporting directly to CEO Richard Solomons, the hiring of Light builds on the company’s strategy of developing and nurturing a powerful portfolio of preferred brands including; Holiday Inn, … [Read more...]
Diamond Jubilee prompts strong demand for hotels in London
London hotels are set for a royal celebration in June as the capital plays host to the Queen’s Diamond Jubilee celebrations. At this point in the booking window, committed occupancy across the city for Sunday June 3 – the day of the Thames Diamond Jubilee Pageant – is up a staggering 115% compared to last year, according to leading hotel market intelligence firm … [Read more...]
Hotel La Tour targeting rapid expansion
Independent operator Hotel La Tour says it is targeting rapid expansion across the UK following the launch of its first venue in Birmingham. The £24m development on the fringe of the EastSide district and close to the site of the expected HS2 terminal, has 174 bedrooms and suites, a restaurant and bar inspired by Michelin-starred Chef Marcus Wareing, coffee shop and conference … [Read more...]
New Project – Sea Containers House, hotel contractor to be named
Sea Containers House on the southbank of the Thames in London is to receive a £100m overhaul that will see thirteen floors of current office space being converted into a 360-bedroom hotel. A new extension to the roof from the 12th floor will also provide a new bar for the hotel. The winning contractor to take on the project is due to be named next month and bidders include … [Read more...]