The Great National Hotels and Resorts Group yesterday announced that Rachel Howes, the former Managing Director of Booking.com Limited - encompassing Ireland, UK, France and Northern Europe markets - has taken an ownership investment in the Irish owned hotel chain. Rachel Howes was instrumental in the success of Booking.com, helping to grow the company into a major global … [Read more...]
Search Results for: hotel acquisition
Belfast firm to open Hilton hotel in Peterborough
Northern Ireland firm Norlin Ventures is adding to its growing portfolio with the announcement that it will open a Hilton hotel in Peterborough. The Belfast-based company, operating under its Norlin Hotels subsidiary, has agreed a deal with Peterborough Investment Partnership – a joint venture between its city council and the GB Strategic Land Fund – to bring the Hilton … [Read more...]
Patron Capital completes £1.8 billion acquisition of Punch Taverns
Patron Capital, the pan-European institutional investor focused on property backed investments, has completed its acquisition of Punch Taverns Plc (“Punch”).* The deal, at 180 pence in cash per share, values the equity of Punch at approximately £402 million and implies an enterprise value of around £1.8 billion. Punch is a leading owner of tenanted pubs in the UK. In the 12 … [Read more...]
Grace Hotels has announced the appointment of Alison Styles as Group Commercial Director
Alison Styles will take up the newly-created global role, based in Grace Hotels London office, to oversee all sales, marketing, revenue and brand activity of the luxury boutique hotel group. A dual British Australian national, Styles is a business leader having developed a successful career in sales and marketing across the luxury hospitality sector over 30 years, spanning … [Read more...]
Landmark London site acquired by leading hotel developers
Starboard Hotels and Citrus Group announce the acquisition of a site at Connell Cres-cent Park Royal, which has planning to build a new 146 bedroom Hampton by Hilton hotel. The two businesses have come together to purchase the site with its listed façade and are expected to start construction later this year, with the hotel opening in the spring of 2019. The site, which … [Read more...]