Travelodge, the UK’s biggest independent hotel chain with 522 hotels, has announced it has exchanged contracts for two new hotels in Greater Manchester, representing an investment of £9 million and the creation of 45 new jobs. The first hotel is located in Stockport on Heaton Lane. The new 86-room hotel will occupy part of Regent House, one of the most prominent office … [Read more...]
York’s Park Inn by Radisson on sale for £20+ million
Colliers International has been instructed to sell the Park Inn by Radisson in York on behalf of LR (York) Ltd. Currently let to Park Hotels Management Ltd for a term of 25 years, with nearly 16 years un-expired, the hotel is being marketed for offers over £20 million, representing a NIY of 7.75 per cent. Located on North Street on the Southern bank of the River Ouse, … [Read more...]
Topland Group, Marick and Mill Lane join for 203-bedroom Trafford Centre hotel
Topland Group has taken advantage of hotel development opportunities across the UK by launching a joint venture with Marick Real Estate and Mill Lane Estates. Topland, one of the largest privately owned international investment groups, led by Sol Zakay, is the majority equity partner in this new venture, continuing to increase its profile in the hotel sector. Trafford … [Read more...]
Four Seasons Hotels appoints Senior Director of UK Marketing
Four Seasons Hotels & Resorts has appointed Vicki Richards as Senior Director of Marketing for its UK Collection with immediate effect. In her new role, Ms Richards oversees all sales and marketing activity for the luxury brand’s UK properties: Four Seasons Hotel Hampshire; Four Seasons Hotel London at Canary Wharf; Four Seasons Hotel London at Park Lane and Four Seasons … [Read more...]
The World’s most popular Luxury Hotel Brands for 2015
A new league table, whose rankings are based entirely on global popular opinion, has revealed the World’s Most Popular Luxury Hotel Brands for 2015. Key highlights: The Ritz-Carlton is crowned the World’s Most Popular Luxury Hotel Brand for 2015 and wins top position by a landslide margin Shock result for industry favourite Aman Resorts, ranked 42nd Traditional … [Read more...]