H & C News is pleased to introduce the second in this series of articles authored by experts from Buell Consulting Group on the subject of Managing Provincial Hotels Profitably. Recent publicity on the acquisition of hotels and hotel groups has distracted attention away from the fundamental issue of operating profitably. Provincial hotels operate in an environment that … [Read more...]
Search Results for: hotel acquisition
LaSalle purchases the Travelodge Bath Waterside Hotel
LaSalle Investment Management has made its fifth Travelodge investment with the acquisition of the long leasehold interest in Travelodge Bath Waterside from Lloyds Banking Group for £11.2 million following a limited marketing campaign to selected parties. The transaction shows a net initial yield of 9.0 per cent with the property held on a ground lease having 123 years … [Read more...]
Managing Provincial Hotels Profitably
H & C News is pleased to introduce a series of articles authored by experts from Buell Consulting Group on the subject of Managing Provincial Hotels Profitably. Recent publicity on the acquisition of hotel groups such as Principal Hayley has distracted attention away from this fundamental issue. Provincial hotels operate in an environment that continues to be … [Read more...]
Future of London hotel sector unveiled at IHIF in Berlin
GVA, the UK’s largest independent commercial property consultant, has presented its latest research on the future of London’s hotel sector at the International Hotel Investment Forum (IHIF) in Berlin this week. Entitled ‘The changing outlook for hotels in London’, GVA’s research reveals how the sector has performed, its future outlook in a changing market, London’s planned … [Read more...]
Britannia Hotels acquires Waterside Inn, Peterhead
Britannia Hotels has increased the size of its hotel portfolio to 43 with the acquisition of its second Scottish site - the Waterside Inn in Peterhead. The 105-room Waterside Inn is located in the north of Peterhead some 35 miles from Aberdeen. It has extensive conference and leisure facilities and hosts a leisure club, encompassing a swimming pool, spa, steam room and gym, … [Read more...]