Interbrand’s 16th annual Best Global Brands report, released 5 October, identifies the 100 most valuable global brands. Apple and Google hold the #1 and #2 spots, tech brands comprise more than a third of the entire ranking’s value, and five brands—Lego, PayPal, MINI, Moët & Chandon and Lenovo have entered the ranking. Unsurprisingly, not many of the brands associated … [Read more...]
Patrick Dempsey joins Staycity Board
Patrick Dempsey, former managing director of Whitbread Hotels & Restaurants, is to become a non-executive director of Dublin-based serviced apartment operator Staycity. Dempsey joins Staycity at a time of significant growth for the company. Its current estate of apartments and aparthotels stands at 1,000 across eight European cities, but an active development pipeline … [Read more...]
Amaris Hospitality to rebrand 21 UK hotels and invest £100 million
Amaris Hospitality, the leading hotel investment and hospitality group, has today announced its intention to rebrand 21 hotels from its 89 strong hotel portfolio and invest over £100 million in the transformation and refurbishment of these hotels. The decision follows a comprehensive strategic review of the entire Amaris Hospitality portfolio conducted by the Group’s … [Read more...]
Lack of summer sun fails to dull spirits of NW hoteliers
Hotels in the North West sizzled this August despite the soggy summer, recording a 5.2% increase in Revenue per Available Room (RevPAR), to £56.69, which contributed to a 3.8% increase in Total Revenue per Available Room (TrevPAR), to £101.43, according to the latest data from HotStats. As a result of the growth in popularity of key North West cities as destinations for … [Read more...]
Business rates devolution may cost high street businesses
Responding to George Osborne’s announcement of the Government’s proposed devolution of business rates powers to local authorities, the ALMR has warned that this could be unhelpful unless there are careful checks and balances in place. Unwelcome consequences ALMR Chief Executive Kate Nicholls said: “The Government’s decision to devolve power over business rates to local … [Read more...]