The U.K. hotel industry reported positive results in the three key performance metrics during June 2013, according to data from STR Global. Occupancy + 4.6%, ADR + 5.2%, RevPAR + 10.1% In year-over-year comparisons, nationwide occupancy during the month grew 4.6 percent to 81.4 percent, average daily rate increased 5.2 percent to GBP89.07 and revenue per available room … [Read more...]
Work starts on Greenwich Peninsula £121 million ‘InterContinental London The O2’
Balfour Beatty and its partners have started work to regenerate 7.6 acres of the Greenwich Peninsula in London with a prestigious hotel and residential scheme. The centrepiece of the development being carried out for Grove Developments Limited will be ‘The InterContinental London The O2’, a 19-storey, 452-room five-star hotel. Containing a massive 4,800 sq metres of space for … [Read more...]
Blackpool: EMRO could be disastrous for town’s economy
Business in Sport and Leisure (BISL) has made representations to Blackpool Council Licensing Service over its planned Early Morning Alcohol Restriction Order (EMRO). BISL, which represents more than 70 private sector companies and organisations, believes the introduction of the EMRO will have a negative effect for all aspects of the leisure industry in … [Read more...]
London hotels thrive in June
In June, hoteliers in London grew TrevPar by 10.9% year-on-year, bouncing back from revenue and profit declines in the same month last year, according to the latest HotStats survey of approximately 625 full- service hotels across the UK. Pre-Olympic effects, the Queen’s Diamond Jubilee and governmental warnings around transport led to a decline in total revenues per available … [Read more...]
Adnams wins big at the 2013 International Wine and Spirit Competition
Adnams, the Suffolk-based brewer and distiller – or perhaps that should now be ‘distiller and brewer’ - has won the prestigious Gin Trophy at this year’s International Wine and Spirit Competition (IWSC), less than three years after its Copper House Distillery first opened its doors. Top honours Judges at the IWSC, one of the world’s most respected spirits competitions, … [Read more...]