The Reuben Brothers have acquired the former seat of the Central Bank of Italy on Parliament Square Rome and entered into contractual arrangements with Corinthia Hotels, the five-star hotel portfolio, to develop, lease and operate it as an ultra-luxury hotel. Plans are in hand for the conversion of the 7,500 m2 property into a luxury destination, featuring, in addition to … [Read more...]
Mandarin Oriental Palace, Luzern to open in 2020
Mandarin Oriental Hotel Group has announced this week that it will manage and rebrand an existing hotel on Lake Lucerne, Switzerland. The property is currently undergoing an extensive renovation and will reopen as Mandarin Oriental Palace, Luzern at the end of 2020. The iconic Hotel Palace Luzern first opened in 1906 and is located in the heart of the city, on the shores of … [Read more...]
Global use of single-use plastics to be eliminated by Mandarin Oriental Hotel Group
Mandarin Oriental Hotel Group has pledged to eliminate globally all single-use plastic, across its entire portfolio of luxury hotels, by the end of March 2021. The hospitality industry has already made great strides towards the removal of plastic straws and single-use drinking bottles, Mandarin Oriental is set to play its part in the luxury hotel segment. The hotel brand has … [Read more...]
MEININGER Hotels underlines investment in UK with Liverpool opening
MEININGER Hotels has this week signed a contract for a new hotel in Liverpool, underlining its strategy and investment in UK growth of the business. Thomas Hagemann, COO of MEININGER Hotels told us: "Our new hotel property in Liverpool is an existing building that will be converted into a typical MEININGER Hotel by spring 2021. "On a gross floor area of 36,049 sq ft (3,349 … [Read more...]
Brexit stalemate points Whitbread towards long-term opportunities in Germany
Premier Inn owner Whitbread have released their first-half figures showing a drop in pre-tax profits and accommodation like-for-like sales in the UK from ‘challenging’ market conditions. The headlines of the report whilst not using the term Brexit refer to it clearly. As the UK market has seen stagnancy resulting from the uncertainty over the UK’s convoluted … [Read more...]