Travelodge Edinburgh West End hotel - Photo: Travelodge Edinburgh West End hotel

Britannia Hotels continues expansion with Scottish Travelodge acquisition

Britannia Hotels has continued its rapid expansion, and increased its Scottish presence, with the acquisition of the Travelodge Edinburgh West End hotel. more...

Monday, 10. June 2013

The Best Western Sudbury House Hotel in Faringdon - Photo: The Best Western Sudbury House Hotel in Faringdon

Private investor purchases Faringdon’s Sudbury House Hotel

The Best Western Sudbury House Hotel in Faringdon has been sold by Christie + Co to a private investor, off a guide price of £2m for the freehold. more...

Friday, 7. June 2013

Scandic opens new hotel in Kristiansand

Scandic is continuing its expansion in the Nordic market, with today’s opening of Scandic Kristiansand Bystranda. The hotel is situated in idyllic Bystranda, in the centre of Kristiansand, with over 800 beds and 229 rooms, 23 of which... more...

Wednesday, 5. June 2013

MENA: Abu Dhabi’s hotel market witness green shoots

Hotels in Abu Dhabi illustrated a 17.1% increase in Revenue per Available Room (RevPAR) driven by a 16.7 percentage point growth in occupancy from the previous year, according to the latest HotStats survey of full service four and five... more...

Friday, 31. May 2013

Total Revenue and Profit Growth for everyone!

Total Revenue and Gross Operating Profit growth was achieved throughout Europe from Amsterdam to Warsaw, according to the latest HotStats survey. Amongst the eight cities surveyed this month, the biggest year-on-year profit gains... more...

Friday, 24. May 2013

Fastighets AB Balder purchases property in Gothenburg

Skanska sells the newly constructed Radisson Blu Riverside Hotel in Gothenburg to the property company Fastighets AB Balder. The building has 265 hotel rooms and is operated by Winn Hotel Group, with the brand Radisson Blu, in a... more...

Thursday, 23. May 2013

Overseas buyer to give Grade II Listed Paragon Hotel a facelift

Birmingham’s Grade II Listed Paragon Hotel looks set for a transformation, following its acquisition by an overseas investor. The 250-room hotel in the city’s Alcester Street has been acquired off a £6 million guide price by Namir... more...

Wednesday, 22. May 2013

Balder to acquire three-property package from Fabege

Fabege has divested the following properties: Skeppshandeln 1 in Hammarby Sjöstad, Murmästaren 7 on Kungsholmen and Fiskaren Större 3 on Södermalm. The buyer is Fastighets AB Balder. The divestment will take the form of the sale of... more...

Tuesday, 21. May 2013

LGP acquires £70m Marston’s portfolio

Legal & General Property has completed a sale and leaseback purchase of a portfolio of 27 Marston’s pubs for a total consideration of just under £70 million. more...

Tuesday, 21. May 2013

Travelodge Bath Waterside sold to LaSalle Investment Management

Travelodge Bath Waterside Hotel has been acquired by LaSalle Investment Management for £11.2m — the fourth of a package of six Travelodge hotels to be sold by specialist property adviser Christie + Co on behalf of Cordial Hotels. more...

Thursday, 16. May 2013

Leopard Guernsey Holdings forms €250m joint venture with Israel’s leading hotel operator

Leopard Guernsey Holdings Limited, advised by SJ Berwin, acquires the German chain Holiday Inn from Goldman Sachs and KKR. The hotels will be operated by one of the largest hotel operator in Israel which is also gaining large market... more...

Wednesday, 15. May 2013

Munich: Lenbachhaus Museum reopens

A ceremony was held on Tuesday, attended by German Culture Minister, Mrs Wanka, the Mayor of Munich, Mr Ude, Lord Foster and Dr Helmut Friedl, Director of the Lenbachhaus Museum, to mark the completion of a major project to transform the... more...

Friday, 10. May 2013

Munich's hotel market develops positively

Munich's hotel market continued to develop positively last year. The number of arrivals rose in 2012 to approximately 6.1 million (+3.4 % year-on-year) and overnights rose to a total of around 12.4 million (+5.4 %). Some 5.6 million... more...

Tuesday, 7. May 2013

Gotland’s biggest hotel becomes a Scandic

On 14 June Gotland’s biggest hotel – Visby HamnHotell – will become Scandic’s first hotel on the popular Swedish island. The comprehensive refurbishment and extension of the hotel has been completed and it is now time for a name... more...

Thursday, 2. May 2013

MENA: School holidays and events boost hotel performance in Abu Dhabi and Dubai

Hotels in Abu Dhabi and Dubai capitalised on a surge in GCC demand in March driven by the spring break for schools in the region, which was complemented by an array of cultural, sports and other events, according to the latest HotStats... more...

Thursday, 2. May 2013

Bleak picture as most cities experience first quarter profit decline

Bleak first quarter results were experienced in the majority of cities surveyed, with many cities experiencing poor trading performance results in March according to the latest HotStats survey by TRI Hospitality Consulting. more...

Wednesday, 1. May 2013

InterContinental Marseille - Hotel Dieu, France, - Photo: InterContinental Marseille - Hotel Dieu, France,

Hôtel-Dieu opens its gates

The official opening ceremony took place on 25 April as a celebration of a three-year renovation program to transform the „Hôtel-Dieu“ hospital into a five-star hotel: InterContinental Marseille - Hotel Dieu. Symbolizing the history of... more...

Monday, 29. April 2013

Premier Inn, 96 bedroom hotel, Advent Way, Enfield, North London - Photo: Premier Inn, 96 bedroom hotel, Advent Way, Enfield, North London

New development scheme in Enfield

Segro has agreed a 44,100 sq ft pre-let development with Premier Inn to construct a five storey, 96 bedroom hotel and restaurant at Advent Way, Enfield, North London. In addition, the developer will undertake the speculative development of... more...

Thursday, 25. April 2013

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