Hilton Worldwide has reported its third quarter 2015 results with Christopher J. Nassetta, President & Chief Executive Officer of Hilton Worldwide, saying: "We had yet another strong quarter with Adjusted EBITDA exceeding the high end of guidance. The fundamentals of our business remain strong, particularly in the United States, where demand growth continues to exceed … [Read more...]
The Lowry Hotel completes £4m refurbishment
The landmark five-star Lowry Hotel has completed a £4m refurbishment which General Manager Adrian Ellis has hailed as the culmination of a remarkable transformational year. A comprehensive makeover of the 165-room hotel has taken place since September 2014, when it changed hands in a multimillion-pound deal, and guests now enjoy an enhanced resident experience through the … [Read more...]
Group of award-winning Bude hotels for sale
A hotel collection offering boutique hotel service with a surf chic twist is being marketed by Colliers International. The three hotels - Hebasca, An Mor and Tommy Jacks are located in Bude on North Cornwall’s Atlantic Coast. They are currently owned and managed by a local Bude family, and the recently refurbished hotels which offer a total of 70 bedrooms have been placed on … [Read more...]
Marriott reports 3Q Results up with strong pipeline
Marriott International, Inc. has reported third quarter 2015 results with third quarter 2015 net income totalling $210 million, a 9 percent increase over 2014 third quarter net income. Diluted earnings per share (EPS) in the third quarter totalled $0.78, a 20 percent increase from diluted EPS in the year-ago quarter. On July 29, 2015, the company forecasted third quarter … [Read more...]
Planning won for Leeds Arena Quarter Hotel and Marco Pierre White Restaurant
Town Centre Securities PLC (TCS) has received planning permission from Leeds City Council for the development of a 134-room Ibis Styles Hotel and 4,000 sq ft Marco Pierre White restaurant at the heart of the Arena Quarter in Leeds. Opening at the site of the former Merrion Hotel on Wade Lane, the building is to be transformed by TCS to create the new Ibis Styles Hotel for … [Read more...]