Interstate Europe’s UK division, part of the leading global hotel management company, has signed 18 management agreements for a portfolio of UK hotels owned by an affiliate of Cerberus Capital Management. With these additions to its managed portfolio, Interstate continues to expand its regional presence and strengthen its offering, creating tailored management solutions to … [Read more...]
Starwood Capital sells Ace Hotel London Shoreditch for £150 million
Starwood Capital Group, a leading global private investment firm, has completed, through a controlled affiliate, the sale of the Ace Hotel London Shoreditch to Limulus Ltd., which was advised by The Deerbrook Group. An affiliate of Starwood Capital Group originally purchased the property in June 2012 out of an administration led by Ireland’s National Asset Management Agency … [Read more...]
HoistLocatel to acquire Swisscom Hospitality Services
Sweden-based HoistLocatel has announced its intention to acquire Swisscom Hospitality Services to create the European powerhouse in the provision of technology solutions to the Hospitality and Healthcare industries. The resulting company, Hoist Group, is set to become the European leader for convergent IP solutions in these sectors with a strong North American … [Read more...]
Tantalise your tastebuds with Regent Street’s Easter Cocktail Hunt
Regent Street's chic bars and restaurants have decided to offer their own take on a grown up Easter Egg Hunt with a selection of unusual Easter themed cocktails this year - for the first time. The mixologists have imaginatively taken unusual ingredients and typical Easter treats such as Cream Eggs and Mini Eggs in order to create some truly delicious a- and fun - cocktails. … [Read more...]
Travelodge opens its second hotel in Wembley
London’s biggest hotel brand, Travelodge, has opened its second hotel in Wembley and 62nd hotel in the capital. The new 86-room hotel represents a £6.5 million investment and has been built above Wembley Central train station in partnership with St Modwen. London Wembley High Road Travelodge is part of a £90million mixed-use development programme by St Modwen which has … [Read more...]