New research from Jones Lang LaSalle’s Hotels & Hospitality team highlights the surge of development activity in the serviced apartment sector since the Olympic Games, and the growth in appetite for the sector in central London from the investor and development markets. Many apartments are either part of residential, hotel or mixed use developments, and while London is … [Read more...]
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Nominations open for the Annual Young Leader Award at the IHIF
In partnership with the International Society of Hospitality Consultants (ISHC), the International Hotel Investment Forum (IHIF) has opened submissions for the sixth IHIF Young Leader Award. The award recognises outstanding contribution to the industry by a young hospitality leader and has become a significant part of the annual IHIF programme. The award will continue to be … [Read more...]
Greene King’s strong growth and attractive returns
Greene King has reported Interim results for the 24 weeks to 13 October 2013. Rooney Anand, Greene King chief executive officer, commented: “This is a very pleasing set of figures and we have made great progress in the first half of this financial year. Growth has once again been led by our retail business, which grew profits by 8% over last year, helped by a combination of … [Read more...]
How was 2013 for Oakman Inns?
Peter Borg-Neal, CEO of Oakman Inns & Restaurants, has issued a précis of activities over the last year, priorities, and the resulting progress of Oakman Inns & Restaurants. Three key priorities: To attract a senior colleague to the business to share the ever-increasing workload To sort out financing (after five years of rapid expansion and growth it needed … [Read more...]
Rapid reports – Dorchester, Orchid, Eclectic
UK revenues up for Dorchester Hotel Group The Dorchester Hotel Group, operator of five star hotels across the world, is reported by CityA.M. to have achieved record revenues of £304.5 million last year, with UK revenues up no less than 21.4% to £106.6 million. US revenues were also up, but European were down, leaving group profit before tax down £6.2 million at £26.4 … [Read more...]