On behalf of Fixed Charge Receivers, international real estate advisor Savills has completed the sale of the Ibis Abbey Park Hotel, York to Algonquin Hotels for £6 million. The firm was appointed to sell the freehold 91-bedroom limited service hotel, which benefits from a lease agreement to Accor under its Ibis brand. Algonquin Hotels is a privately owned hotel group with 36 … [Read more...]
Site Bites – Zumbura for Clapham – Creating a style – The Packhorse Inn
Zumbura for Clapham - Creating a style for your bar - The Packhorse Inn revitalised at Moulton - Fairwater Head Hotel comes to the market. Zumbura for Clapham Aamir Ahmad, Sean Galligan and David Garrett, co-founders of award-winning contemporary furniture retailer Dwell, are making their debut in the restaurant sector with the launch of Indian restaurant … [Read more...]
Marlin Apartments to build ‘Flagship’ Apart-Hotel
Marlin Apartments, the leading owner-operator of serviced apartments in central London, is to open a flagship 218-room apart-hotel on Westminster Bridge Road in the capital in 2016. The property is the company’s seventh in London and its first apart-hotel venture. Working with planning consultants Jones Lang LaSalle, Marlin Apartments secured the go ahead this week to … [Read more...]
Hoteliers worry about the impact of discounting on their brand
Hoteliers are becoming wary of discounting and frequent sales as they evaluate the long-term effects on brand perception, a survey of European hoteliers carried out by Hotwire.com® reveals. Seventy-five per cent of hoteliers indicated that discounting is having a negative impact on their brand. Consumers addicted to discounts Five years ago, as the recession hit and … [Read more...]
HOSPA publishes introduction to Hospitality ‘Revenue Management’
With the rapid rise of Revenue Management as one of the most important tools in hospitality management, HOSPA has published a FREE introductory interactive iBook and an ebook version to the world of Revenue Management and how it can be used in the hospitality industry. Part of HOSPA’s Practitioner Series, the new book – appropriately entitled ‘Revenue Management; an … [Read more...]