Here’s an offer from the St Moritz Hotel that would any food lover stop to think, and maybe then head off to the north Cornish coast, ignore the surf, and tuck into some high quality food! Jamie Porter, head chef at the St Moritz hotel, honed his skills at the 3 Michelin star Waterside Inn and is now in the process of putting the St Moritz well and truly on the map. So much … [Read more...]
Hilton and Aramark plan stock market floats
It is widely reported that the two American hospitality groups Hilton Worldwide and Aramark – both with significant operations in the UK – are planning initial public offerings (IPOs) on the New York Stock Exchange in 2014. Hilton Worldwide announced plans to raise up to $2.37 billion, valuing the company at over $20 billion. Hilton is owned by Blackstone. Aramark aims to … [Read more...]
Accor’s new strategy
Accor announced last week its new strategy, which – as a world force in the hotel industry – certainly merits careful study. Of course, there is a big challenge translating strategy into operation across so vast an organisation, and we shall all be watching progress in the coming trading periods. Here now is more detail on the strategy designed to enhance growth and sustained … [Read more...]
Jurys Inn and Hilton sign franchise agreement for 3 London Hotels
Jurys Inn Hotel Group and Hilton Worldwide have signed a franchise agreement for three Jurys Inn properties, all of which will join the Hilton Worldwide portfolio of hotels. Under the new agreement, Jurys Inn’s Chelsea and Islington hotels will be rebranded as DoubleTree by Hilton (during Spring and Summer 2014 respectively), while the Heathrow property will become Hilton … [Read more...]
Topland acquisition of Menzies Hotels part of £1bn hotel strategy
As announced 2 December, Topland has acquired the parent company of Menzies Hotels from administration for close to £85m as part of an ambitious drive to build a £1bn hotel business. Topland Group, led by Sol Zakay, is one of the largest privately owned international investment groups. It already owns a number of hotels including Bath’s Royal Crescent Hotel, the Brighton … [Read more...]