Leading UK and Ireland hotel investment and hospitality group, Amaris Hospitality, has announced the appointment of Donal Rooney as its new CFO. Rooney joins Amaris Hospitality from the National Asset Management Agency (“NAMA”) where he was Chief Financial Officer with responsibility for finance, operations, systems, treasury, tax, corporate change, audit and risk. Prior to … [Read more...]
Statement from Wetherspoon’s Tim Martin on the EU Referendum result
Wetherspoon founder and chairman Tim Martin said: “The referendum result will enhance freedom and security. Some people will now be anxious, but concentrating on these immensely important factors will provide reassurance. Anxiety about the economic effects of independence during the campaign was misplaced. The UK will thrive as an independent country, making its own laws, and … [Read more...]
Europe hotel performance for May 2016
The European hotel industry recorded mostly positive May 2016 results in the three key performance metrics when reported in euro constant currency, according to data from STR. Compared with May 2015, Europe reported nearly flat occupancy (-0.3 to 73.4%). However, a 2.1% rise in average daily rate to EUR114.28 drove a 1.7% increase in revenue per available room to … [Read more...]
Hospitality sector well-placed to remain robust during the Brexit period, a comment from John Brennan
Three years after David Cameron declared his strategy to reform Europe he put it to referendum and Britain has voted to leave. The Prime Minister has resigned this morning and doubtless in the days, weeks and months ahead the debate as to 'what next' will flourish. H&C News will follow this debate and we start with comment from John Brennan, CEO of Amaris Hospitality, one … [Read more...]
The Franklin Hotel Knightsbridge London reopens after a complete renovation
Acquired by Italian entrepreneur Elisabetta Fabri, President and CEO of the Italian group Starhotels and designed by Anouska Hempel, The Franklin Hotel reopens August 1st, 2016 Stunning location: 5* refinement and peace in the heart of Knightsbridge – as quintessentially English as Harrods, Harvey Nichols and the V&A An elegant Victorian building embracing the beauty … [Read more...]