Global hotel investment volumes recovered strongly in 2010 after reaching the lowest level of the decade in 2009. Following this strong bounce back, Jones Lang LaSalle Hotels forecasts that global hotel transaction volume will increase a further 30 to 40 percent in 2011, according to initial results from the firm’s Hotel Investment Outlook 2011 report. The expected increase … [Read more...]
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One more hotel ‘connected’ with Swisscom, Park International Hotel
Park International Hotel is leveraging its building refurbishment project to introduce ConnectedHotel TV from Swisscom. As of January 2011, guests will be able to connect to the Internet, watch HD TV and videos and communicate with the hotel’s front-desk through their in room TVs. "A customizable entertainment system is an integral part of our value-creating strategy", … [Read more...]
Swisscom ConnectedHotel TV wins Top Hotel STAR AWARD 2010
Swisscom’s ConnectedHotel TV, the first all-in-one solution for Internet access, interactive TV and VoD, has been voted best product of the year by the readers of German hotel magazine Top Hotel. The award of the Top Hotel STAR AWARD 2010 further distinguishes Swisscom’s ConnectedHotel TV as one of the industry’s prime technology innovations of the year. The STAR AWARD, … [Read more...]
Cricklade Hotel & Country Club sold to experienced hoteliers
Acting on behalf of a private client, Christie + Co has sold the Cricklade Hotel & Country Club in Wiltshire, to experienced hoteliers Phil & Val Harris of Ambienza Hotels, owners of the award-winning Cotswolds88hotel, for an undisclosed sum. Standing in over 30 acres of secluded grounds on the edge of the Cotswolds, the 46-bedroom Cricklade Hotel & Country … [Read more...]
Morris Inn Group’s boutique hotel sold to Glasgow-based restaurateur
Acting on behalf of Robert Barclay and Bryan Jackson of PKF (UK) LLP, Joint Receivers of the Morris Inns Group, the Lanarkshire-based, family run business, Christie + Co has sold the freehold of the boutique Redstones Hotel in Glasgow, to restaurateur Mr Abdul Sattar for an undisclosed sum, off an guide price of £1.5 million. The 12-en suite bedroom Redstones Hotel, … [Read more...]