Union Hanover Securities has been transformed into an investment grade hotel development and operations platform which aims to grow its current £350m portfolio to £1bn over the next five years. The re-engineered investment and development company announced a major refinancing that has enabled it to restructure and finance a series of major hires. Capitalising on the rebound … [Read more...]
Search Results for: hotel acquisition
Orient-Express Hotels to launch Belmond Brand
Orient-Express Hotels Ltd, owners and operators of 45 luxury hotel and travel experiences in some of the world’s most inspiring destinations, has announced that it will market its collection under a new brand, Belmond, from 10 March, 2014. Marking an important new era in this iconic Company's history, the new name embraces all that is special about this unique travel … [Read more...]
Benjamin to drive forward £1bn hotels operation for Topland
Topland Group has appointed Lionel Benjamin as Director of Hotels to lead its strategy to build a £1bn hotel business. Benjamin joins from Ability Group where for three-and-a-half-years he headed its hotel and leisure division. Prior to that he was Senior Director of Asset Integration at Hilton Worldwide where he was involved in the sale of 13 Hilton hotels including a … [Read more...]
Red Carnation Hotels acquires Lisloughrey Lodge, Ireland
Red Carnation Hotels is delighted to announce a second Irish hotel in its growing portfolio – Lisloughrey Lodge, County Mayo. The property sits within the 350 acre estate of Ashford Castle, which was acquired by the luxury boutique hotel collection in June last year and is currently undergoing a full renovation programme to reinforce its position as Ireland’s most luxurious … [Read more...]
UK leads hotel investment market across EMEA region
Positive trading sentiment, and increased institutional investment across the UK will underpin investor demand in the hotel market in 2014, according to Jones Lang LaSalle. The JLL Global Hotel Investor Outlook 2013 shows that the UK remains the leading market for hotel investment, attracting 37 per cent share of EMEA hotel investment volume in 2013. Trading and sentiment has … [Read more...]