Work to start at St. Stephens Place Leisure Park

Legal & General Property has exchanged contracts with Odeon and Premier Inn at St Stephens Place, meaning that work can now begin on regenerating the key Trowbridge town centre brownfield site. more...

Friday, 20. April 2012

Peab builds offices and hotels in Lulea

Peab has been contracted to build the block Hunden in Lulea, containing offices, hotels, shops, homes and public areas. The client is Norrporten, and the total investment amounts to approximately 500 million Swedish Kronas, of which Peab... more...

Friday, 20. April 2012

Sheraton Hotels renovate Flagship Properties with more than 350 Million US-Dollars

Starwood Hotels & Resorts Worldwide, Inc. announced that its largest brand, Sheraton Hotels, and its owners are investing more than 350 million US-Dollars to enhance its flagship properties around the world. The global hotel giant will... more...

Friday, 20. April 2012

Global hotel inventory reaches 13.4 million rooms

Total global hotel inventory increased by more than 2,315,000 daily rooms since 2000 to reach 13,443,014 rooms as of February 2012, according to the Census database from STR Global, the leading provider of hotel data to the hotel... more...

Thursday, 19. April 2012

EMEA Hotel Investment Volume 39 % lower than Q1 2011

In the first quarter of 2012, hotel investment volumes in Europe, Middle East and Africa (EMEA) totalled €1.5 billion, a 39 % decline compared to Q1 2011. However, volumes in Q1 2011 were distorted by approximately €1billion from... more...

Tuesday, 17. April 2012

Whitbread signs with Beltane Asset Management for 184-bedroom hotel in EC3

Premier Inn has completed a deal with Beltane Asset Management to develop a 184-bedroom hotel in the heart of the City. The scheme – to be developed by Beltane Asset Management as a developer turnkey deal – is an office to hotel... more...

Monday, 16. April 2012

Whitbread brings a new Premier Inn to Leeds and Llanelli

Whitbread PLC to open a new Premier Inn hotel in Leeds and Llanelli. The property in Leeds will contribute over £7.5 million to the local economy whilst creating 40 new jobs for Leeds residents. The property in Llanelli will contribute... more...

Sunday, 15. April 2012

Kintyre secures refinancing of Sofitel Hamburg

Kintyre Investments has just completed the debt restructuring of the 241 bed, five star, Sofitel Hotel in Hamburg. Acting on behalf of an offshore private wealth company, Kintyre secured ca. €50m of new long term senior debt facility... more...

Friday, 13. April 2012

At a glance - hospitality market in Moscow and St. Petersburg

With a positive growth of 10% Revpar across the city in 2011 over the previous year, the Moscow hotel market is again showing good operational returns. As ever, the first quarter of a new year is a nervous period for hotels and can... more...

Tuesday, 10. April 2012

MENA: Egypt shows signs of recovery

Hotels in Egypt have started a recovery but they remain a long way from their previous highs prior to the Arab Spring, according to the latest HotStats survey of full-service hotels in six MENA cities by TRI Hospitality Consulting. more...

Friday, 6. April 2012

Sheraton Hotels will double its portfolio by 2015

Sheraton Hotels will grow its portfolio of signature hotel spas across Asia, the Middle East and Eastern Europe as the brand continues to expand its footprint in the worlds fastest growing markets. In tune with the resurgence of the... more...

Wednesday, 4. April 2012

Seaham Hall, Hotel, UK, - Photo: Seaham Hall, Hotel, UK,

Seaham Hall of von Essen Hotels portfolio sold

Seaham Hall, the luxury hotel and spa in Seaham, County Durham, has been sold by Christie + Co on behalf of the administrators of von Essen Hotels 2 Ltd. The hotel, set on a stunning cliff-top location with enviable sea views, has been... more...

Tuesday, 3. April 2012

Hilton Southbank Hotel changes hands

CBRE Hotels EMEA to announce the sale of the above site situated in the booming Bankside area of Southwark and which upon completion is scheduled to become the Hilton Southwark Hotel. Work has already commenced on site and the ground... more...

Monday, 2. April 2012

Invesco extends hotel portfolio with Eindhoven purchase

Invesco Real Estate (IRE) has acquired the Holiday Inn Eindhoven for €22.5m in a sale and leaseback acquisition with Hampshire Hospitality, one of the largest integrated hotel management organisations in the Netherlands. more...

Sunday, 1. April 2012

Hilton Worldwide, Schiphol Airport Hotel, Netherlands - Photo: Hilton Worldwide, Schiphol Airport Hotel, Netherlands

Hilton Worldwide and Schiphol Group plan for new airport hotel

Hilton Worldwide and Schiphol Real Estate have signed an agreement to introduce a new landmark 433 guest room Hilton Hotels & Resorts hotel to Amsterdam Airport Schiphol, to be... more...

Friday, 30. March 2012

Topland acquires Bath’s the Royal Crescent Hotel

Topland Group purchases the stunning Royal Crescent Hotel in Bath. The Grade I Listed exclusive hotel is steeped in history and is one of the world’s most widely recognised architectural landmarks. The hotel, located in the heart of... more...

Friday, 30. March 2012

Renaissance Hotels to open nine new hotels

Renaissance Hotels announced the addition of nine new properties opening this year in key international destinations including Barcelona, Shanghai, and the Tuscany region of Italy. This planned expansion will further grow Renaissance... more...

Friday, 30. March 2012

Hotels in Amsterdam struggle to find their feet after strong performance in 2011

Following the 12.4% increase in profit per room in 2011, Amsterdam hoteliers recorded a second consecutive month of profit decline for the new year, as the city suffered decreases across all headline performance measures during February,... more...

Friday, 30. March 2012

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