The European hotel development pipeline comprises 747 hotels totalling 124,234 rooms, according to the January STR Global Construction Pipeline Report released this week. “Among the key markets in the region, Stockholm and Istanbul have the highest share of rooms under construction compared to their total pipeline”, said Elizabeth Randall, managing director of STR … [Read more...]
Confident UK hoteliers remain optimistic despite VAT increase
According to the latest HotStats Hotel Confidence Monitor, a third of hoteliers are more optimistic in comparison to Q4 2010. Looking forward, 62% of respondents were optimistic or very optimistic about future trading performance in Q1 2011. Our Confidence Monitor results revealed that London general managers are projecting an improvement in occupancy, room rate and hotel … [Read more...]
‘Designed to appeal to the iPad generation’ – Aloft Hotels
Starwood Hotels & Resorts is readying a campaign to drive awareness of the Aloft brand in the UK. The brand launched in 2008 in Canada and the first UK property, Aloft London ExCel, is set to open ahead of the London 2012 Olympics. Aloft Hotels are described as stylish but affordable and “designed to appeal to the iPad generation”. The signature look of the “urban … [Read more...]
New £5.2m Travelodge in Salford Quays
Anglo Holt will start work this week on a £5.2m contract for a new Travelodge located on Trafford Road in Salford Quays for developer LPC Living. The job will be Anglo Holt’s 53rd national project for Travelodge and its third in Greater Manchester. Work on the 156-bed Travelodge hotel marks the second phase of development at Radclyffe Park, LPC Living’s £50m mixed-use … [Read more...]
London faces sharp spike in luxury hotel supply
According to analysis by PwC, there could be a 27% increase in luxury rooms in London by 2012 with around 2,400 rooms in 18 hotels reported under construction or planned in London. If hoteliers have a good business case for refurbishing, building or operating in London they should consider showcasing their hotel to the world during the Olympic and Paralympic Games. In the … [Read more...]