PPHE Hotel Group Limited, which together with its subsidiaries owns, leases, develops, operates and franchises full service upscale and lifestyle hotels in major gateway cities and regional centres, predominantly in Europe, has announced its audited results for the year ended 31 December 2014. Commenting on the results, Boris Ivesha, President and Chief Executive Officer, … [Read more...]
SACO merges with Oaktree Capital Management
Founders David and Lesley Freed, Managing Director Stephen Hanton and Marketing Director Jo Redman announced at the International Hotel Investment Forum in Berlin that SACO has merged with Oaktree to form a £60 million hospitality company. The partnership includes the launch of the Beyonder ApartHotel brand, an innovative serviced apartment concept which has been developed … [Read more...]
Iconic JW Marriott Grosvenor House Hotel on Park Lane for sale
JLL Hotels & Hospitality Group has been appointed the sole agent to market London's largest luxury hotel, the JW Marriott Grosvenor House Hotel on behalf of the Administrators and the LPA Receivers of owner Sahara Grosvenor House Hospitality. The luxury five star hotel became the largest hotel transaction in London on record when it sold in 2010. The historic hotel, … [Read more...]
MEININGER hotels appoints Robert Seeley as UK Head of Development
Robert’s appointment will help MEININGER deliver its objective of establishing a presence in all key cities in the UK including London, Manchester and Edinburgh. MEININGER hotels currently operates 16 hotels in 10 European cities. Robert Seeley is a founding director of RSR Properties, a real estate investment advisory firm focused on the UK, where he has been instrumental … [Read more...]
Qbic Hotels wins Global eMarketing Award
Qbic Hotels took the 2014 TRAVELCLICK eMarketer of the Year Award at the glittering HSMAI Adrian Awards in New York at the end of February. TRAVELCLICK, the leader in hotel ecommerce solutions, sponsored the eMarketer of the Year competition in partnership with the Hospitality Sales and Marketing Association International (HSMAI) and the Adrian Awards, now in its 58th … [Read more...]