Gisborough Hall has recently unveiled its new rooms and suites following a period of ongoing investment, totalling almost half a million pounds, which will continue for the rest of the year. The 19th century four star hotel, home to two AA Rosette restaurant ‘Chaloner’s’, a Revival Zone spa, 71 bedrooms and ‘G’ Bar and Bistro, has refurbished 39 of its bedrooms, its … [Read more...]
DoubleTree by Hilton opens at Ricoh Arena
Doubletree by Hilton has announced the opening of DoubleTree by Hilton at the Ricoh Arena - Coventry. Located in the Ricoh Arena, home of Aviva Premiership Rugby club Wasps, and where professional football team Coventry City Football Club also play, the hotel is situated in the heart of the UK. The hotel’s 121 guestrooms, including 50 queen rooms with stadium views, 18 … [Read more...]
Thurso’s Royal Hotel offers opportunity for experienced operators
A major hotel in mainland Britain's northernmost town has been put up for sale. The Royal Hotel has a commanding position on the main street in Thurso, where it occupies almost an entire block. Thurso is a busy and sizeable community – the decommissioning of nearby Dounreay provides continuous employment – and with a railway terminus and the main ferry point to Orkney, the … [Read more...]
IHG in M&A speculation with Starwoods and Hyatt
CityA.M. reports that Intercontinental Hotels Group (IHG) shares have risen as a result of reports of a possible merger of or with Sheraton’s owner Starwood Hotels and Resorts. IHG became part of ‘M&A fever’ yesterday, with shares closing 2.3 per cent higher on talk of two of its rivals merging. Suggestions that Starwood Hotels & Resorts, which owns the Sheraton, … [Read more...]
HotStats: Rate Growth signals trading success for East Midlands
Hoteliers in the East Midlands successfully recorded growth across all key market segments this month to fuel a 6.8% year-on-year increase in RevPAR (Revenue per Available Room), according to the latest data from HotStats. In addition to growth of 1.1 percentage points in room occupancy, to 78.2%, the 5.2% increase in achieved average room rate was as a result of positive … [Read more...]