Mitchells and Butlers has reported on trading for the 17 weeks ended 24 January 2015. Year to date total sales have increased by 9.1%, with like-for-like sales growth of 1.7%. The festive period saw a good trading performance, with like-for-like sales growth of 4.8% in the two weeks of Christmas and New Year. Trading was especially strong on key dates, and in particular … [Read more...]
Aviva checks out with Hilton Newcastle sale
Aviva Investors, represented by international real estate advisor Savills, has sold the Hilton Newcastle Gateshead to Universities Superannuation Scheme Limited (USS) for in excess of the £36 million guide price. The four-star hotel features 254 bedrooms plus extensive bar, restaurant and conferencing facilities. The hotel was purpose built on the banks of the River Tyne in … [Read more...]
British beer sales up for the first time in ten years
A decade of decline in UK beer sales has come to an end, with a 1.3 per cent rise in UK beer sales in 2014. The startling turn around in the fortunes of Britain’s favourite pub drink follows two historic cuts in beer duty by the Chancellor. The figures are reported in the latest ‘Beer Barometer’ from the British Beer & Pub Association (BBPA). The 1.3 per cent rise in … [Read more...]
“Welcome by Le Club Accorhotels” already in more than 1,000 hotels
Just months after launching Welcome by Le Club Accorhotels, Accor’s digital welcome service is already available in more than 1,000 hotels around the world. 70% of Accor’s hotels in Latin America, 40% of its addresses in Northern, Central and Eastern Europe, and 20% of its French establishments now offer their guests this new experience. 40% from mobiles This service, … [Read more...]
Urban Villa new hotel concept opens in West London
Boutique hotelier Urban Villa has opened its first property, in the Great West Quarter development in London. In a first for the hotel sector, Urban Villa combines the cultural experiences of boutique hospitality with the unrivalled convenience, comfort and discretion of luxurious residential living. The pioneering hotel contains 100 all-suite bedrooms within a soon-to-be … [Read more...]