An historic Midlands stately home has opened a contrastingly modern development to complement its existing wedding and corporate events venue, with £1.9m funding from Yorkshire Bank. Hothorpe Hall, based in Theddingworth on the border of Leicestershire and Northamptonshire, has unveiled its eco-friendly development, The Woodlands, which sits alongside the 215-year-old … [Read more...]
Acquisition of Hard Days Night Hotel, Liverpool
Millennium & Copthorne Hotels has announced that it has, through subsidiary companies, agreed to acquire a long leasehold interest in the Hard Days Night Hotel in Liverpool for £13.8m in cash, subject to standard purchase price adjustments. The Beatles-inspired hotel, which contains 110 guest rooms and suites, is located within the popular Cavern Quarter of the city. … [Read more...]
Redesdale Arms Hotel changes hands
Christie + Co has announced the sale of the 17th century Grade II-listed Redesdale Arms Hotel in the historic Gloucestershire market town of Moreton-In-Marsh. The Redesdale Arms operates as a highly profitable 34 bedroom AA 3* hotel catering to locals, corporate clients and those touring the Cotswolds. It occupies a prime trading position in the high-street, within walking … [Read more...]
CBRE reports European hotel investment on course for €20bn in 2015
European hotel investment is set to burst through the €20 billion mark for the first time in the history of the asset class, according to the latest research from global property advisor CBRE. Investor appetite has strengthened with H1 European hotel deal volumes reaching €10.73 billion, 85% of the total level seen in 2014; a €4.77 billion and 80% increase year-on-year. Last … [Read more...]
The Ritz London achieves Gold Certificate from Green Tourism
The Ritz London has achieved the Gold certification from Green Tourism, the largest independent sustainable programme of its kind. Measured across ten different criteria throughout the hotel, including waste minimisation, social responsibility, energy saving and innovation, The Ritz London has achieved the highest level Gold Award overall, based on the level of the hotel’s … [Read more...]