Marriott International has announced its acquisition of London listed Elegant Hotels Group for $130 million, which sees Elegant now wholly owned and operated by Marriott International. Elegant Hotels Group previously operated nine resorts in the Caribbean, including seven luxury freehold hotel properties and the beachfront restaurant, Daphne's, on the island of … [Read more...]
George Best Hotel on target for completion in June 2020
Belfast City Council has granted planning permission for the final phase of construction at Belfast’s George Best Hotel, the target completion date is June 2020. Property developer and hotel operator Signature Living says the funding is in place to complete construction, and now that the final planning consent hurdle has been passed, construction will continue apace. The … [Read more...]
Singapore’s UOL Group US$50 million acquisition strengthens hospitality brand footprint
Singapore’s UOL Group have announced the acquisition of a 154-key hotel in Tower 2 of Thamrin Nine in Jakarta, Indonesia for a purchase price of US$50 million from PT Putragaya Wahana. The hotel, which is under construction, will be branded as Pan Pacific Jakarta. This follows from an earlier announcement in July 2018 stating that UOL had acquired 180 apartments to … [Read more...]
Ireland’s ‘Best Welcome’ joins Preferred Hotels & Resorts Legend Collection
The owners of Hayfield Manor have announced that Hayfield Manor has become a member of Preferred Hotels & Resorts, the world’s largest independent hotel brand that represents more than 750 distinctive hotels, resorts, residences, and unique hotel groups across 85 countries. The Preferred Hotels & Resorts Legend Collection, of which Hayfield Manor is the newest … [Read more...]
Whitbread unveils target sites 2020 for new development of hub by Premier Inn hotels
Whitbread has announced target sites 2020 for new development of hub by Premier Inn hotels that it is actively looking for new sites as part of its expansion into London’s urban villages and across the UK and Ireland. A full list of locations Whitbread is targeting in London and nationwide is below: hub by Premier Inn target locations include: London: Barbican, Bethnal … [Read more...]