Edinburgh’s Royal British Hotel has undergone a multi-million pound refurbishment and conversion to see it become a Hotel Indigo branded property. Owned and operated under a franchise agreement by Cairn Group, Hotel Indigo Edinburgh Princes Street takes pride of place on Edinburgh’s most famous street, offering 64 bedrooms and welcoming business travellers and tourists … [Read more...]
Search Results for: hotel acquisition
Coaching Inn Group makes fourth acquisition of the year
Following a £10 million investment from Business Growth Fund (BGF) announced this week, independent coaching inns operator, The Coaching Inn Group, has completed its fourth acquisition of the year, purchasing The Castle Hotel, Conwy for £3.35 million, taking the Group to 13 properties. The Group, which benefited from an initial investment of £4.5 million from BGF in March … [Read more...]
AccorHotels: Q3 Trading Update
Third-quarter 2016 business activity was strong in the majority of the Group’s markets. Revenue totaled €1,538 million, up 1.8% at constant scope of consolidation and exchange rates (LFL), and up 3.0% as reported. Sébastien Bazin, Chairman and Chief Executive Officer of AccorHotels, said: "During the third quarter, AccorHotels has once again delivered a robust performance … [Read more...]
The Student Hotel Enters German Market in Berlin
The Student Hotel group, pioneers of the hybrid model of high-quality hospitality and student accommodation, has selected Berlin to continue its European expansion. Adding to its twelve-strong portfolio of properties, The Student Hotel will open its first German location in the heart of Berlin in partnership with the European Student Housing Fund. The 17,000-square meter … [Read more...]
Europe’s First Independent Hotel Loyalty Club Launches
Hoteliers know that every guest wants to feel special when they travel. Yet creating a quality loyalty club as an independent hotel or small to mid-size hotel chain, is easier said than done. Many struggle to offer a variety of destinations or do not have a large portfolio on offer to make a loyalty scheme meaningful and advantageous to the guest. The launch of Wanup reinvents … [Read more...]