Accor has announced third quarter revenue figures up 4.6% like-for-like and confirmed its full-year EBIT target between €575 million and €595 million. The vast majority of the Group’s markets reported solid third-quarter growth, for total revenue of €1,459 million, up 4.6% like-for-like pro forma and 3.3% as reported. This consolidates the positive trend observed in the … [Read more...]
Paul Nisbett named HOSPA finance community chair
Paul Nisbett, finance and commercial director of The Hotel Collection has been named HOSPA finance community’s chair, succeeding Diana Mountain, who previously held the post. Nisbett, who joined The Hotel Collection in April 2012 as finance & commercial director, will perform his duties as chair alongside his current role within the hotel portfolio. HOSPA is the … [Read more...]
Soprano St Magnus Court Hotel comes to market
Christie + Co has been instructed to sell Soprano St Magnus Court Hotel in Aberdeen, the oil capital of Europe. Soprano’s boasts an enviable location with all the city’s main art galleries, museums and theatres within 5 minutes walk or less. The hotel is also the gateway to the city’s historical ‘Merchant Quarter’ — home to an electric mix of fabulous restaurants, bars and … [Read more...]
Hospitality veteran takes over landmark Inn at Fossebridge
Colliers International’s Peter Brunt has sold the landmark Inn at Fossebridge off an asking price of £1.85 million freehold. The elegant and highly successful business occupies a fabulous riverside location on the A429 Fosse Way between Cirencester and Bourton-on-the-Water in the heart of one of the UK’s most popular visitor destinations. New owners are hospitality sector … [Read more...]
Dot London proves popular
Major global hotel and restaurant brands such as Edwardian Group London, Jumeirah Group, Morgans Hotel Group and Aqua Restaurant Group have all shown their support for the capital’s top-level domain name by signing up for Dot London domain names to use as part of their communications strategy. Over 500 top London hotels, such as Radisson Blu Edwardian London, The May Fair, … [Read more...]