Morgans Hotel Group the operator and 50% owner of the London joint venture that owns Sanderson and St Martins Lane, has announced that the joint venture partners have closed on the sale of the Sanderson and St Martins Lane hotels to Capital Hill Hotels Limited, a Middle Eastern investor with other global hotel holdings. The sale price for the two hotels is 192 million … [Read more...]
Search Results for: hotel acquisition
Deloitte survey, Hospitality sector remains robust
The Deloitte survey headlines are very positive for our sector given the wider general economic climate and levels of confidence. Over half of senior hospitality industry executives say current trading is better than expected. Continued investment in luxury hotel assets expected. Outlook for 2012 remains mixed, with resilient gateways and expectations of flat … [Read more...]
Dorchester Collection’s 45 Park Lane Opens
Dorchester Collection, a portfolio of the world’s foremost luxury hotels has just opened the latest addition to its portfolio, 45 Park Lane. 45 Park Lane has been designed in a contemporary style with art deco influences by internationally acclaimed architect and designer Thierry W. Despont. Art features strongly throughout the hotel with 16 of Damien Hirst’s limited edition … [Read more...]
Coworth Park’s unique chocolate concept
Head Pastry Chef at Coworth Park, Simon Jenkins, has created a unique chocolate concept for guests dining in John Campbell at Coworth Park, the country house hotel and spa’s fine-dining offering. As one of very few hotels in the country to have its own chocolate room within the kitchen, the pastry team are in the unique position of being able to make and blend their own … [Read more...]
Wolfgang Puck’s new restaurant at 45 Park Lane
Wolfgang Puck to open first restaurant in Europe at Dorchester Collection’s 45 Park Lane, London. Scheduled to open in September 2011, Wolfgang will bring his popular, award-winning CUT concept to London featuring innovative cuisine in a contemporary and dynamic environment. From prime dry and wet aged beef to succulent pan-roasted lobster and sautéed and roasted whole … [Read more...]