Harbour hotels is expanding into Brighton with the acquisition of a landmark 1850’s period building, located on Brighton’s famous seafront and just minutes from the iconic Brighton Pier, to become the Brighton Harbour Hotel & Spa. A thriving coastal city, just an hour from London, Brighton is renowned for being one of the UK’s liveliest, most colourful and cultural … [Read more...]
Search Results for: hotel acquisition
easyHotel continues to invest for profitable growth
easyHotel plc, the owner, developer, operator and franchisor of "super budget" branded hotels, has announced its results for the six months ended 31 March 2015. Commenting on the results, Simon Champion, Chief Executive Officer said: “easyHotel has continued to perform well, with a doubling of revenue year on year driven primarily by an increase in the capacity of our owned … [Read more...]
Starboard buys five ibis hotels from Accor
Hotel developer and operator Starboard Hotels has purchased five ibis UK hotels from HotelInvest parent company Accor, as part of a 32 million Euro portfolio sale of seven properties. The five hotels, in Gatwick, Plymouth, Birmingham Bordesley Circus, Sheffield, and Leicester, total 469 bedrooms, and will be operated by Starboard under the ibis franchise for a further 20 … [Read more...]
Hotel Brands to increase in Ireland
The number of Irish hotels being rebranded is set to increase, according to property consultants, Savills Ireland. In its latest report, Savills note that the high volume of hotel sales in recent years has resulted in a significant change in ownership structures – enabling some to rebrand and others to be subsumed into existing larger hotel chains. Tom Barrett, Director of … [Read more...]
Lion Hotel, Shrewsbury acquired by Thai investor
The 59 bedroom Lion Hotel in Shrewsbury, Shropshire has been sold in a deal brokered by specialist property adviser Christie + Co. The FICO Corporation, a well established diversified Group from Bangkok, Thailand has acquired the hotel for an undisclosed sum. With its roots in manufacturing and textiles, Fico Corporation’s current business activities extend to luxury retail, … [Read more...]