The international hotel investment specialist, M&L Hospitality group, has expanded its portfolio into the UK with the purchase of two hotels in London’s Queen Elizabeth Olympic Park on the expectation of a substantial uplift in specific parts of the sector. Staybridge Suites and Holiday Inn hotels, Westfield Stratford City The Singapore-based investment group has … [Read more...]
Search Results for: hotel acquisition
Andy Murray’s Cromlix House hotel to be free of foie gras
Wimbledon may be just around the corner, but Andy Murray is already a champion for ducks and geese. PETA (People for the Ethical Treatment of Animals) has already received confirmation that the menu at the Olympic Gold Medallist's new acquisition, the luxurious Cromlix House Hotel in Scotland, will be 100 per cent foie gras–free when it reopens in 2014. Internationally … [Read more...]
Hotel, holiday, and travel companies need to do better at getting close to customers
Holiday, hotel and travel firms need to do a better job of communicating with their customers in a meaningful way, as consumers rate them just marginally above average compared to firms in all industry sectors, according to the new Customer Intimacy Index produced by database marketing specialist GI Insight. Holiday, hotel and travel firms rank seventh, receiving subpar … [Read more...]
Menzies Hotels enter administration once again
On 20 May 2013David Crawshaw and Rob Croxen of KPMG were appointed joint administrators to Cordial Hotels Limited and Cordial Hotels Acquisitions Limited, the non-trading holding companies of Menzies Hotels Group, which owns 15 hotels and has its head office in Derby. Commenting on the appointment, Rob Croxen said: “Administration appointments have been made over the … [Read more...]
Legacy Hotels to operate expanding Surya Hotels assets
Legacy Hotels and Resorts is spreading its geographical make-up following a sole and exclusive agreement to operate the rapidly expanding hotel assets of Surya Hotels. The agreement brings an initial four, 4-star hotels in the East of England under the Legacy banner with a total of 207 bedrooms. The 79-bedroom Legacy Duke’s Head Hotel in King’s Lynn, Norfolk, is the … [Read more...]