The Old Quay House Hotel in Fowey has been acquired by Fairtree Hospitality Real Estate Private Equity Fund, managed by Fairtree Capital. It is the fund’s first acquisition in the UK hospitality market. The 11 bedroom waterfront hotel will be managed under the direction of boutique hotel management specialists Providence Hospitality. All hotel employees will remain in their … [Read more...]
Guests give a green light to Amba Hotels
This November, just 13 months after its global launch, Amba Hotels will open Amba Hotel Marble Arch – meaning it will operate almost 1,000 bedrooms in the heart of central London. To meet the standard of the new brand, the new Amba Hotel Marble Arch has undergone a multi-million pound refurbishment. In addition to fully refurbished bedrooms, bathrooms and public areas, … [Read more...]
Valor Hospitality Europe welcomes finance director
Management company Valor Hospitality Europe, has appointed a new finance director to its rapidly expanding team. Experienced senior hotel executive Paul Nisbett has a 20 year track record in the industry working for leading names such as Malmaison, The Hotel Collection, Hilton and Hotel du Vin. He joins the new hospitality management company which has grown its portfolio … [Read more...]
Snoozebox revenues up 300%
Snoozebox Holdings plc has announced its interim results for the six months ended 30 June 2015 showing revenues up 300% as it continues to build scale. Lorcán Ó Murchú, Chief Executive, commented: "Snoozebox continues to make solid progress, growing revenues, gross profit and contribution to overhead. We have broadened our product offering and strengthened our operating … [Read more...]
Tune Hotels opens in Liverpool and announces further UK expansion
Tune Hotels, pioneers of the hotel industry’s ‘limited service’ model, celebrated the opening of its eighth UK hotel this month in Liverpool’s city centre. The 100-bedroom hotel on Castle Street has been developed by Hotel Land & Development and will become the latest addition to the global portfolio of Tune Hotels. Work has been underway since late last year to … [Read more...]