Whitbread Hotels & Restaurants acquired a record 1.6 million sq ft of hotel and restaurant space across 48 new hotels during its financial year ending Feb 2014. The scale of acquisitions – which exceeds the total footprint of Westfield’s gigantic Stratford shopping centre in East London – included space for 5,020 new bedrooms across 48 new hotels, with 2,000 of the new … [Read more...]
Ashford Castle unveils 30 new guest rooms ahead of St Patrick’s Day
The luxurious five-star Ashford Castle, on the shores of Lough Corrib, Co Mayo in the West of Ireland, will unveil 30 new rooms and suites after the completion of the second phase of an ambitious restoration programme on 14 March, in time for St Patrick’s Day. Set amongst 350 acres and overlooking Lough Corrib in the West of Ireland, Ashford Castle dates back to 1228 and … [Read more...]
Starwood Capital Group acquires De Vere Venues
Starwood Capital Group has acquired through a controlled affiliate the U.K. hotel and conference centre operator De Vere Venues from the De Vere Group for approximately £232 million. The transaction includes 23 owned and leased hotels comprising 2,433 keys, 374 meeting rooms and 414,000 square feet of meeting space, predominately located in Greater London. The portfolio also … [Read more...]
Hotel Prices up in Liverpool, Manchester, Glasgow and Belfast – and Dublin
Hotel prices are up in the UK cities of Liverpool, Manchester, Glasgow and Belfast, and prices in Dublin have increased by up to 88 per cent this St Patrick’s Day, according to the trivago Hotel Price Index (tHPI) released monthly by hotel comparison website trivago.co.uk. Elsewhere in Europe, hotel prices have increased for the spring season, but decreased … [Read more...]
Shangri-La Hotel at the Shard opens for reservations!
On Monday 17 March 2014, Shangri-La Hotel, At The Shard will open its reservation lines for rooms, events and Tīng – the signature restaurant and lounge on level 35. The hotel itself will open on 6 May with opening room rates starting from £450 per room per night, including VAT. Gŏng, Tīng and Láng The hotel will feature three food and beverage destinations: Gŏng, … [Read more...]