Hand Picked Hotels, the 20+ country house hotel chain owned by Guy and Julia Hands has just reported results for 2013 - showing reduced turnover (at £59.9 million) and increased pre-tax losses at £9.1 million – and a major acquisition. Hand Picked Hotels has acquired Grand Jersey Hotel & Spa, expanding its portfolio to 21 properties and strengthening its position as a … [Read more...]
Corinthia Hotels announces three key appointments
Leading international hotel group, Corinthia Hotels, has announced the creation of a new group Commercial Director role and the appointment of a new General Manager for their flagship London property. Matthew Dixon, Commercial Director Corinthia Hotels Matthew Dixon, formerly General Manager Corinthia London, is promoted to take on a group role as Commercial Director … [Read more...]
Travelodge: back in profit and creating jobs
Travelodge has moved back into profit after the major restructuring to manage its debt burden. Its accounts for the year to 31 December 2013 show turnover rising to £426 million (from £391 million), and profit of £37.3 million. Meanwhile, its hotel refurbishment programme continues, and it has just announced it is looking to fill 206 new jobs across the country in the lead … [Read more...]
Expedia launches new tablet app that re-imagines search
Expedia.com, one of the world's largest full service online travel sites, has released the all-new Expedia app for tablets. It is available now for free download from the App Store and Google Play. Shop for hotels and flights on one screen Expedia’s app presents a fresh way for travellers to shop destinations: the new search tools enable consumers to shop for both hotels … [Read more...]
Q2 2014 Hotel Bulletin shows room rates and occupancy increasing
Zolfo Cooper, the leading independent provider of advisory and restructuring services, has published its Q2 2014 Hotel Bulletin which analyses demand, supply, pipeline and transactions in the hotel market in 12 cities across the UK. This quarter the bulletin includes a special focus on Edinburgh, assessing recent trends in the city’s hotel market and examining possible outcomes … [Read more...]