There is nothing new about the number of Scottish women who enjoy sipping whisky, and in recent years there has been a sharp rise in the number of females breaking into a traditionally male-dominated industry by taking on key production and management roles. Now, sisters Steph and Lauren Murray have taken their passion for the amber nectar to a whole new level. Along with … [Read more...]
Savills predicts UK hotel investment to exceed £3.5 billion in 2014
UK hotel investment volumes for 2014 are on track to exceed £3.5 billion this year with Q1 2014 volumes already totalling £952 million, according to Savills. £2 billion in market – more coming The firm notes that there is approximately £2 billion worth of hotel assets in the market currently with many more coming up for sale in the next few months. In particular, the market … [Read more...]
H&C News March Top 20 Articles
So…what’s everyone reading about..? Here’s our Top 20 articles for March ‘Gluten free’ or ‘no gluten free’ – the Legal Implications Michel Roux Jr to stop work with BBC – “not for lack of trying” Nespresso launches Spring 2014 Limited Edition Duo Sunday Times Best Companies 2014, Hospitality Prominent A fresh look at coffee in the workplace First … [Read more...]
Eden Hotel Collection to invest £12m in Salcombe development
Leading luxury boutique operator Eden Hotel Collection has announced a £12 million investment in South Sands, Salcombe following the recent purchase of the 35 bedroom Tides Reach Hotel (above). Eden Hotel Collection is a privately-owned group comprising eight luxury hotels across the Midlands and the South West. It acquired Tides Reach in January 2014 from the Edwards family, … [Read more...]
Marriott London Grosvenor Square changes owners
Strategic Hotels & Resorts, Inc. has sold the 237-room Marriott London Grosvenor Square hotel for £125.15 million ($207.7 million), or approximately £528,000 per key ($877,000). The hotel was sold to an affiliate of Hong Kong based private equity firm Joint Treasure and remains subject to a ground lease with 43 years remaining on the term. The Company was advised by JLL … [Read more...]