Yesterday, Sweden-based HoistLocatel completed the acquisition of Swisscom Hospitality Services (SHS). The new company, Hoist Group, forms the most powerful provider of IT services to the hospitality and healthcare industries in the EMEA region, with a strong North American presence. Hoist Group is EMEA’s premier technology partner for hotels, health care institutions and … [Read more...]
London remains world’s most popular tourist destination
London has once again been hailed as the world’s most popular tourist destination by Mastercard. It’s the second year running that the capital has topped the Global Destinations Cities Index, which provides an in-depth ranking of the 132 most travelled cities from around the world. 18.82 million visitors projected for 2015 London is projected to welcome 18.82 million … [Read more...]
More Brits opt for UK mini breaks over two-week hols
The traditional fortnight summer holiday used to be as much a part of the British summer as fish and chips on the promenade and donkey rides on the beach, but key findings from the 2015 Travelodge Holiday Index has revealed the number of Britons taking a two-week holiday has decreased by 46% over the last five years. Instead British holiday makers are opting for a one-week … [Read more...]
For sale: stake in Jamie Oliver empire; Center Parcs
It is widely reported that private equity firm 3i is one of several investment organisations being approached to consider taking a sizeable stake in Jamie Oliver’s restaurant empire. 3i was an investor in the Giraffe chain before it sold to Tesco. It is understood that bids for a share of Oliver’s restaurant business – which includes Jamie’s Italian and Jamie Oliver’s Diner … [Read more...]
CH&Co and HCM merger shakes up sector
Leading independent caterer and Royal Warrant holder, CH&Co, has announced that it is to merge with the HCM Group (Host Catermasters Group) in a deal which gives the new combined business a turnover approaching £200m, and a team of 4,500 providing services to over 400 operations across the UK and Ireland. The new company will be called the CH&Co Group and it will be … [Read more...]