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Premier Inn secures eight new development sites

By James Russell: Premier Inn secures eight new development sites

March 19, 2012

PREMIER INN SECURES EIGHT NEW SITES IN ONE WEEK IN ONGOING NATIONAL EXPANSION DRIVE From Bromley to Beverley, hotel chain adds more than 750 new bedrooms to secured development pipeline Premier Inn, the UK’s largest hotel chain, has secured eight new sites in a week as it continues to deliver on its national expansion programme. The deals, which are a mixture … [Read more...]

Savills predicts 3.9% capital growth in London’s hotel sector in 2012

By James Russell: Savills predicts 3.9% capital growth in London’s hotel sector in 2012

March 19, 2012

Savills predicts a 3.9% capital growth increase in London’s hotel sector this year with the Olympics boosting operational performance and the Queen’s diamond jubilee bolstering domestic tourist demand.  It anticipates overseas investors will continue to focus on London’s four and five star market and be the major driver for this sustained growth in values. The firm, … [Read more...]

Job of the Week from PJ Search

By James Russell: Job of the Week from PJ Search

March 8, 2012

FINANCIAL CONTROLLER £70K 4 Star Deluxe Hotel Central London An opportunity has arisen for an experienced Financial Controller to join a large 4 star deluxe Hotel in central London. You would be responsible for the all accounting, controlling and financial aspects of the business, the successful candidate will have Hotel accounting experience in a senior role , will … [Read more...]

Skelwith to further develop Raithwaite estate

By James Russell: Skelwith to further develop Raithwaite estate

March 7, 2012

A multi million pound tranche of funding has been agreed to further develop luxury hotel Raithwaite Hall Country Retreat. Grosvenor Financial Consultants is preparing the loan to develop other areas of the 80 acre estate following the completion of the hotel at Sandsend, near Whitby in North Yorkshire. York-based Grosvenor originally provided £7.2m for Skelwith Group to … [Read more...]

Mandarin trusts IT at five european sites to Swisscom

By James Russell: Mandarin trusts IT at five european sites to Swisscom

March 7, 2012

Mandarin Oriental Hotel Group has entrusted Swisscom Hospitality Services with the remote management of its IT infrastructure at five European locations. As the central network manager, Swisscom optimizes the service availability for the core network components within each hotel, covering all central, floor and in-room switching, Wi-Fi infrastructure and UPS power status … [Read more...]

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