Serviced apartments have gained momentum across Europe as new openings, branding activity and a number of significant transactions have raised awareness of the sector amongst guests, investors, lenders and developers, according to a new report from global hotel consultancy HVS London, a leading expert on the sector. From niche to mainstream but evolving Speaking at this … [Read more...]
Amaris Hospitality launches with 89 hotels, 4 portfolios and 15,000 rooms
Amaris Hospitality has announced the creation of a hotel investment and hospitality group, which will bring together a unique portfolio of hotel assets owned by the global private equity firm Lone Star. 89 hotel properties; 4 portfolios; 15,000 rooms Amaris Hospitality currently comprises 89 individual hotel properties, from four separate portfolios acquired by Lone Star … [Read more...]
Love of the great British pub led by Yorkshire and NE
Despite the shrinkage in size of the pub industry over the past decade, the great British pub remains a quintessential part of the national identity. Today, half (47%) of UK pub visitors agree that pubs are an important part of the British way of life, but new research from Mintel reveals that some parts of the country are particularly frequent pub goers. Yorkshire and the … [Read more...]
Tossed seeks £750k for expansion
Tossed, the healthier eating place, is a vibrant offering in the dynamic food-to-go sector offering a range of fresh made-to-order salads, wraps, smoothies and hot food for breakfast, lunch and dinner. Now, Tossed is seeking investors to purchase shares in the company for £12.33 each. Investments over a certain size will attract perks as described in the offer (see link … [Read more...]
Revolution Bars Group: strong trading, expect expansion
Revolution Bars Group, the UK operator of premium bars, trading under the Revolution and Revolución de Cuba brands, has provided a pre-close trading update in respect of the year to 30 June 2015. Total sales for the Period increased by £3.1m (+2.9%) to £111.8m (2014: £108.7m). Like-for-like sales rose by +3.0%. The Group's full year results, which are expected to be in line … [Read more...]