Today in Paris in the context of its Capital Market Day, AccorHotels will reaffirm key components of its strategy and presents its midterm targets for value creation. The Group focus is on the transformation into an asset-light business model and states that its Capital Market Day, today marks its completion. The execution of this strategy will be fostered by two … [Read more...]
Search Results for: hotel acquisition
Arora Group ventures into luxury leisure market with the acquisition of Buckinghamshire Golf Club
Arora Hotels, one of the UK’s largest private hotel owner-operators, has today announced its acquisition of The Buckinghamshire Golf Club, a move which will see the hotel group expand into the world of luxury sporting and leisure venues. Arora Hotels will take over the management of the idyllic Denham-based golf course and host of the Ladies European Tour and has pledged to … [Read more...]
Leonardo Hotels acquire the prestigious Midland Hotel, Manchester
Leonardo Hotels is proud to announce the acquisition of the iconic Midland Hotel, Manchester. Situated in the heart of the city on Peter Street, the Grade II listed building encompasses stylish design, fine dining and renowned customer service since it opened in 1903, making the property an important part of the city’s history. With the acquisition, Leonardo Hotels will draw on … [Read more...]
Great Fosters joins Alexander Hotels as the luxury hotel group expands its portfolio
Luxury hotel group, Alexander Hotels, has expanded its portfolio with the addition of a 4-star establishment – the Great Fosters Hotel in Egham, Surrey. The 4 Red Star Grade One Listed country house hotel was recently awarded Hotel of the Year for England as part of the AA Hospitality Awards. Set in 50 acres of gardens and parkland, Great Fosters consists of 41 bedrooms and … [Read more...]
Liverpool chosen for first stand-alone Moxy hotel from Cycas
Cycas Hospitality has signed with Niveda Realty and Marriott International to operate the new Moxy Liverpool City Centre. Due to open in 2020, this will be Cycas’s first stand-alone Moxy hotel in Europe, having previously coupled the millennial-focused brand with the longer-stay focused Residence Inn to create double-decker hotels in Amsterdam and Slough. Moxy Liverpool City … [Read more...]