BDRC Continental, the UK’s meetings sector research specialist, has announced the list of venues achieving VenueVerdict Accreditations for 2014. Based entirely on genuine, verified customer feedback, these accolades reflect the cream of the nation’s meetings providers. 33 achieve Gold Standard 33 venues and hotels achieved a VenueVerdict Gold Standard accreditation, the … [Read more...]
Starwood Capital buys extended-stay portfolio
Starwood Capital Group has acquired a portfolio of four extended-stay hotels and one residential complex in London for £206 million ($312 million). The hotel properties are located in two of London’s top emerging submarkets: Tower Bridge/Bermondsey and Earls Court/Kensington. The hotels, which were constructed in 2008 but are currently unfinished and partially operational, … [Read more...]
Accelerating transactional market for Hotel sector
Confidence returned across the hotel industry and transactional activity accelerated resulting in average business property prices in the hotel sector increasing by 17.2 per cent during 2014 — that’s according to Business Outlook 2015, the annual state of the markets report by specialist property adviser Christie + Co, just launched. Christie + Co’s Managing Director Chris … [Read more...]
Hotel Collection rationalises with sale of Combe Grove Manor
The Hotel Collection has announced the sale through Savills of The Combe Grove Manor Hotel. Grant Hearn, chairman of The Hotel Collection stated: “After a strategic review, the board of The Hotel Collection has decided to rationalise our portfolio in order to position The Hotel Collection for growth and investment. As such, we have decided to sell The Combe Grove Manor, … [Read more...]
Jeff Ward appointed MD of Hotel Gotham
Bespoke Hotels has appointed Jeff Ward to the role of Managing Director at its latest landmark property, the spectacular Hotel Gotham due to open in April, 2015 at the head of Manchester’s iconic King Street. Previously occupying roles across Europe, including as far afield as Russia and Germany, Jeff joins Bespoke having overseen the transformation of Wimbledon’s Cannizaro … [Read more...]