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January 27, 2012

Berlin’s Waldorf to Open as Hotel-Building Boom Curbs Rates | businessweek.com

Hotel Mani, a new 63-room boutique hotel on Berlin’s Rosenthaler Platz, is bustling with suitcase- pulling travelers arriving for Fashion Week. It’s the second hotel Ariel Schiff has built in the trendy Mitte district, and four more are in the pipeline. “We’re being offered new sites every week,” Schiff, a 46- year-old entrepreneur who was born in the city, said in an interview last week in the hotel lobby. “There are no free spots in Paris, London or Rome.”

Berlin, Germany

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December 13, 2011

Thomas Cook to sell hotel-golf unit to Iberostar | marketwatch.com

Thomas Cook Group PLC , the travel group, Tuesday said it has reached agreement to sell its interest in Hoteles Y Clubs De Vacaciones, a hotels and golf club group, to IBEROSTAR Hoteles y Apartamentos S.L. (IBS), the hotel division of Grupo IBEROSTAR, for EUR72.2 million in cash. Thomas Cook will continue to benefit from access to HCV's hotel portfolio through a separate commercial arrangement that has been agreed with IBS.

Iberostar Hoteles

External Article

October 6, 2011

Radisson Edwardian Guildford | Witnessing the birth of a brand new luxury hotel | londonhotelsinsight.com

The new Radisson Edwardian Guildford has now been open for exactly one week. I was lucky enough to get an exclusive sneak peek inside the hotel one day before it officially opened on September 29th when I also got to meet some of its friendly staff. I discovered a stylish new 4 star hotel with a sense of history, great design and a passion for good food. It was the first time I’d witnessed the birth of a new hotel. Builders put finishing touches to the public areas while cleaners added a bit of spit and polish. Staff scurried around making last-minute preparations and I even saw some of them doing a final test of the head chef’s canapes and the head barman’s cocktails. There was real excitement in the air. I’d love to check up on the hotel 6 months, 1 year and even 2 years from now.

londonhotelsinsight.com

London, United Kingdom

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October 3, 2011

RBS set to take control of Jarvis Hotels in bid to recover £130m | irishtimes.com

ROYAL BANK of Scotland is set to seize control of Jarvis Hotels, the troubled hotel operator, as the lender looks to claw back £130 million (€151 million) of debt. The bank, which has teamed up with private equity group PatronCapital, is preparing to push Jarvis through a pre-pack administration that would allow it to acquire 20 hotels the group owns under freehold.

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September 7, 2011

German Hotel Looks Like a Hard Sell | wsj.com

The German government is trying once again to sell its famous five-star hotel, but market participants say the property, on a mountainside overlooking the former West German capital of Bonn, will be a hard sell. The Grandhotel Petersberg, the government's former guesthouse, first went on the market—with no success—shortly before a reunified Germany moved its capital back to Berlin.

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February 11, 2011

Swire Hotels opens Chapter Hotel in Cheltenham, England | examiner.com

Swire Hotels has introduced Chapter Hotels, a new British hotel brand that builds on the recent success of the company’s launch of the “House” and “EAST” brands with the opening of The Opposite House in Beijing, and The Upper House and EAST in Hong Kong.

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January 7, 2011

Paris's luxury hotels brace for new Asian rivals | reuters.com

Luxury Parisian hotels are entering 2011 knowing they need a combative spirit and ambitious initiatives to protect their turf from the arrival of powerful Asian chains such as Shangri-La, Mandarin Oriental and Peninsula.

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November 15, 2010

London hotels going offshore | theaustralian.com.au

THE recovery of London's hotel property market looks set to gather pace in the next few weeks as buyers seek to close on a clutch of deals worth more than £1.5 billion ($2.45bn). The Times reports that Singapore's Kop Group will this week agree the estimated £70 million acquisition of the former City headquarters of the Willis insurance empire for redevelopment as a super-luxury hotel. Westmont Hospitality, a US investor, is understood to have emerged as the frontrunner to acquire the Eton Group chain of five boutique hotels for up to £50 million, while an Indian bidder is thought to be in advanced talks to buy the Grosvenor House on Park Lane in Central London for £470million.

London, United Kingdom

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April 12, 2010

More delays in £118million upgrade of iconic Savoy Hotel | dailymail.co.uk

The Savoy Hotel has always been associated with style and decadence, so when it was closed for a £118million upgrade in 2007 the public eagerly awaited its glamorous reopening. But the project, which is already running 11 months behind schedule, has just been put back for a second time, delaying the opening until late August or early September this year.

dailymail.co.uk

London, United Kingdom

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March 4, 2010

London's Grosvenor House Up for Sale | wsj.com

Royal Bank of Scotland Group PLC Wednesday put London's landmark Park Lane building Grosvenor House Hotel up for sale, according to real-estate consultancy and agent CB Richard Ellis. The property, a five-star establishment with 420 rooms and 74 suites over eight floors, could be the most expensive hotel ever to come to market in Europe. Industry experts estimate a price tag of between £500 million and £600 million ($750 million to $900 million), but cautioned that pricing was highly dependent on buyer interest. CB Richard Ellis is acting as agent for the sale, but wouldn't disclose details on pricing.

London, United Kingdom

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March 4, 2010

AirAsia's £2-a-night no-frills hotels set to open in London | dailymail.co.uk

A comfy bed and a power shower would probably keep most hotel guests happy but what if you have to pay for everything else that comes with your stay? The man behind low-cost long haul airline AirAsia and a string of budget hotels in Malaysia and Indonesia is to bring his 'Tune' brand of hotels to London as part of a £150 million deal announced today.

dailymail.co.uk

London, United Kingdom

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March 1, 2010

Irish asset agency eyes London hotels | bbc.co.uk

Three of London's most prestigious hotels could end up being controlled by the Irish government. The Irish Times has reported that the Berkeley, Claridges and the Connaught may be about to be taken over by the Republic's National Asset Management Agency (Nama). The hotels are owned by financier Derek Quinlan's Maybourne Hotel Group.

London, United Kingdom

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January 7, 2010

UK: Travelodge unveils plan for 26 new hotels | timesonline.co.uk

Travelodge, the budget hotel chain, pledged yesterday to create more than 500 jobs in Britain this year with the opening of 26 new hotels. The group, owned by Dubai International Capital, said that the opening programme, to cost £115 million, would add more than 2,000 rooms to its estate. It will take Travelodge, once part of the former Forte hospitality empire, to more than 400 UK hotels, containing more than 30,000 rooms.

timesonline.co.uk

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December 3, 2009

Jumeirah eyes new luxury hotel in Majorca | arabianbusiness.com

Dubai-based hotel giant Jumeirah is planning to open its debut European resort property in just over a year as part of the company’s expansion. “We have identified Europe as one of the key geographical growth areas for Jumeirah Hotels and Resorts, and we are always looking at locations that are in key resort and gateway city locations,” said Derek Picot, Jumeirah regional manager in comments published by industry website Hotel News Now.

arabianbusiness.com

Mallorca, Spain

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November 11, 2009

Des and Dave check back into City with boutique hotel | timesonline.co.uk

When Conran Restaurants sold its 50 per cent stake in the Great Eastern Hotel, in the City of London, in February 2006, it vowed to return to the hotel business as soon as possible. Today, the company, now called D&D London, will unveil its plans for a £50 million hotel in nearby Moorgate as the first step in developing a small chain of boutique hotels.

timesonline.co.uk

London, United Kingdom

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September 22, 2009

Firmdale set to build £60m hotel on London bomb site | timesonline.co.uk

A site in Soho, Central London, that has been largely undeveloped since it was bombed in the Blitz is to be turned into a luxury £90 million hotel, with housing, by Firmdale Hotels, the boutique hotel operator. Firmdale, owned by Tim Kemp and his wife Kit, will announce today that it has acquired the site — Ham Yard, a three quarters of an acre freehold site just off Regent Street, for £30 million.

timesonline.co.uk

London, United Kingdom