The Royal Shakespeare Company (RSC) and prestigious Eden Hotel Collection have joined forces to acquire the Grade II listed Caterham House Hotel in Stratford-Upon-Avon. Located on Rother Street, just a few minutes’ walk from the centre of Stratford-Upon-Avon and the Royal Shakespeare Theatre, Caterham House Hotel has 10 en suite letting bedrooms alongside several reception … [Read more...]
London hotel decline in occupancy in November
STR Global’s preliminary November 2015 data for London, England, indicates decreases in several key performance metrics. Based on daily data from November, London reported: an increase in supply (+1.7%) and a decrease in demand (-1.9%); a 3.5% decrease in occupancy to 81.6%; a 2.2% increase in average daily rate to GBP149.98; and a 1.4% decrease in revenue per … [Read more...]
Travelodge to open hotels in three UK shopping centres
Travelodge has announced it has exchanged contracts for three new hotels in the heart of shopping centres. Locations include: Wood Green, Burgess Hill and Bromley. These three deals represent a combined investment value of £22m and will create 75 new jobs. The Mall, yards from Wood Green underground station, is owned by Capital & Regional. Subject to planning Travelodge … [Read more...]
AccorHotels to increase UK rooms by 30%
AccorHotels, the world’s leading hotel operator and market leader in Europe, has cemented its position as the UK’s leading growth hotel group by opening its 30,000th room in the UK and remains on track to meet its ambitious target to increase the number of rooms by over 30% by 2017. Working rapidly towards their ambitious growth targets, AccorHotels UK and Ireland has … [Read more...]
Illustrious Summer Isles Hotel near Ullapool for sale
A remote Highland hotel, which has long been a popular retreat of privacy-seeking celebrities and politicians, has been put on the market for offers over £695,000, with Colliers International acting for the seller. Then-First Minister Alex Salmond is said to have taken a break at the Summer Isles Hotel in Wester Ross during the long run-up to last year's Referendum, while it … [Read more...]