STR Global’s preliminary March 2015 data for London indicates nearly flat hotel performance. Based on daily data from March, London reported: increases in supply (+3.7 percent) and demand (+2.0 percent); a 1.7-percent decrease in occupancy to 78.6 percent; a 1.1-percent increase in average daily rate to GBP133.77; and a 0.6-percent decrease in revenue per available … [Read more...]
Starwood Hotels introduces Tribute Portfolio
Starwood Hotels & Resorts Worldwide, Inc. has introduced Tribute Portfolio, the company’s 10th brand and second collection of independent hotels. Promising owners, Starwood Preferred Guest members and guests the ability to “Stay Independent,” the Tribute Portfolio brand will comprise outstanding independent hotels and resorts. With a firm focus on four star, upper upscale … [Read more...]
Edinburgh’s OId Town set for a new hotel
Developers of a vacant site at King’s Stable Road, the city’s historic Grassmarket, have announced plans for a 125 to 150 room establishment. The hotel forms a significant part of a larger mixed-use development which will include one and two bedroom flats, student accommodation, an arts café complex and artisans’ workshops. Reflecting its location the hotel has been … [Read more...]
Spring arrives with YO! Sushi’s new menu
YO! Sushi is bringing the freshest new flavours to the belt as it unveils a major shake-up of its authentic Japanese menu. From Japanese Seabass Ceviche to Yuzu Cured Salmon, the new dishes celebrate Japanese cuisine at its best. YO! Sushi also becomes one of the few UK restaurants to offer a most delicious delicacy - Albacore Tuna - which will excite fans in the forms of … [Read more...]
Boris supports employment opportunities at InterContinental London – The O2
Mayor of London, Boris Johnson, has visited the InterContinental London – The O2, ahead of its launch in Autumn/Winter 2015. The Mayor joined Surinder Arora, CEO and Founder of the Arora Group on a private tour of the luxury 453-room hotel development, backing its investment in the capital and generation of more than 500 new jobs, including 25 apprenticeship … [Read more...]