Park Plaza Hotels & Resorts has appointed Michelle Wells as General Manager of Park Plaza County Hall. Michelle joins the team from smaller sister property, Park Plaza Sherlock Holmes, having successfully led the 119-bedroom boutique hotel as General Manager since 2007. Bringing extensive experience and industry expertise to the role, Michelle will be responsible for … [Read more...]
Clock ticking for Heywood Mount Hotel bids
Time is running out for potential buyers to register their interest in the landmark Heywood Mount Hotel in Tenby – which is being marketed by Colliers International on behalf of the LPA Receivers. Described as the town’s leading hotel, Heywood Mount closed earlier this month. Colliers International Hotels Director Peter Brunt said the four-star Visit Wales Gold Award hotel had … [Read more...]
Hotel transactions reach peak as Middle East investors up interest
European hotel transaction volume in 2013 reached a new peak since the onset of the global financial crisis, signalling a comeback of the hotel real estate market. The 2013 European Hotel Transactions article, published by HVS London to coincide with the International Hotel Investment Forum [Berlin, 3-5 March], reports that total transaction volume across Europe reached €7.7 … [Read more...]
Quality purchases: Jamaica Inn and Sway Manor
One of Cornwall’s most famous landmarks has been acquired: Jamaica Inn (above left) on Bodmin Moor has been purchased by Surrey businessman Allen Jackson for over £2 million. He commented: “I saw it as a great opportunity to acquire Cornwall’s most icfonic, historic and famous inn.” Of course, the fact that the BBC’s adaptation of du Maurier’s novel is scheduled to air this … [Read more...]
European Hotel Market Survey 2014 launched at IHIF
London will be the city of M&A growth in the hotel sector in 2014 according to a new report being launched by international law firm Berwin Leighton Paisner (BLP). The report presents the views of over 400 hotel industry professionals. Karen Friebe, BLP Hotels Group Partner and author of the BLP European Hotel Market Survey 2014, unveiled the research at Berlin’s … [Read more...]