Supercity Aparthotels Announces Major UK Expansion with Three New Openings
Supercity Aparthotels, one of the UK’s leading contemporary aparthotel brands, is set to open three new properties in Edinburgh, Leeds and York over the next two months.
Supercity Aparthotels, one of the UK’s leading contemporary aparthotel brands, is set to open three new properties in Edinburgh, Leeds and York over the next two months.
The Vignette Collection, Hotel Indigo and Holiday Inn Express brands are accelerating their growth on the Spanish market with four new signings: Vignette Collection Mallorca - Finca Banyols, Vignette Collection Jerez, Hotel Indigo Gandia - Beach and Holiday Inn Express San Sebastian - Errenteria.
Radisson Hotel Group continues to expand its presence in Romania with a series of exciting new developments. Recognizing Romania as a key market for development, these projects will enhance the Group's portfolio and offer unique experiences for both business and leisure travelers.
Marriott International, Inc. announced it has signed an agreement with VERKEHRSBUERO HOSPITALITY to open five properties in Austria across its Tribute Portfolio, AC Hotels, and Four Points Flex by Sheraton brands. The signed projects are expected to further enhance Marriott‘s footprint in the country with the addition of more than 1,100 rooms. All five properties are expected to be converted from existing hotels operated by VERKEHRSBUERO HOSPITALITY under its Austria Trend Hotels brand.
Travelodge, the UK’s first budget hotel brand which operates over 600 hotels across the UK, Ireland and Spain, has agreed to acquire 11 hotels across the UK, adding to its existing portfolio of 588 UK-based hotels. This forms part of the Company’s focus on targeting rebrand opportunities as part of its UK and Spanish growth plans.
La Dolce Vita Orient Express, the first Italian made luxury train, makes its much-anticipated debut with a bold ambition: to reinvent the very essence of travel in motion.
Global travel technology company OYO’s UK operations reported a 15% increase in revenue in 2024 compared to 2023. The company's Average Daily Rate (ADR) rose by 2%, while the broader market as reported by STR saw a decline of 2.8%. OYO's per room revenue (RevPAR) increased by 4% compared to the market's 4.5% decline.
HVS London has announced the expansion of its Asset Management division today, further strengthening its position as a leader in hospitality consulting and reinforcing its commitment to providing comprehensive asset management and owners’ representative services to its clients.
Hyatt Hotels Corporation (NYSE: H) announced Hyatt Place Leeds and Hyatt House Leeds opened their doors earlier this month, signaling Hyatt’s expanding brand footprint and ambitious growth strategy in the UK – Hyatt’s third largest market in EAME by portfolio size, surpassed only by Germany and Spain.
Radisson Hotel Group is delighted to announce the signing of four new conversion properties, and 519 guest rooms, in the picturesque city of Bergen, Norway, as part of their fruitful partnership with Magic Norway AS. Two of the properties will be Radisson Individuals hotels and the other two will be under the Group’s Prize by Radisson brand. All four properties have strategic locations and are set to open in the coming months.
limehome, Europe's leading provider of fully digitalized serviced apartments, is expanding to France. With two strategically important projects in the Paris metropolitan area, the company is consistently pursuing its international growth strategy in 2025. The market entry into France underscores the strong scalability of the limehome model in one of the world's most sought-after tourism destinations. France is the twelfth country in the Munich-based hospitality company's portfolio.
Hilton (NYSE: HLT) has confirmed plans to open three properties in Athens following franchise agreements with Aluma Greece IKE. Adia Aluma Athens, Curio Collection by Hilton and Anise Aluma Athens, Tapestry Collection by Hilton are both expected to open in 2025, with Skylark Aluma Athens, Tapestry Collection by Hilton set to open in 2026. The signings of these three new hotels across the Curio Collection by Hilton and Tapestry Collection by Hilton brands will further strengthen Hilton’s lifestyle portfolio, adding over 500 new rooms for guests in the Athens.
Henderson Park, the international private equity real estate firm, has acquired a portfolio of five hotels in France alongside asset management company Atream, a leading French tourism firm headquartered in Paris. The purchase was undertaken in two separate transactions comprising the acquisition, from French institutional investors, of the hotel properties historically operated via variable lease contracts and, simultaneously, the transfer of the operations by the hotel operator.
Cycas Hospitality has announced its first signing in Portugal with the introduction of Marriott International’s Autograph Collection resort-style hotel development in Sintra, the country’s renowned UNESCO cultural region near Lisbon.
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, is proud to announce its first Vignette Collection property in France, a major milestone for the brand's European expansion and a testament to its trusted partnerships and commitment to luxury hospitality. Following an agreement with Global Hotels & Resorts (GHR), the property will be set across two separate buildings – the existing Tiara Miramar and Tiara Yaktsa hotels, which will see their unique charm and rich history being retained as well as their distinctive character while being elevated under the Vignette Collection.
Following the acquisition of Hôtel Saint-Louis in Marseille in January 2024 and the Pilgrim in Paris in July 2024, the group is accelerating its growth with the purchase of Hôtel Aria and Hôtel Vendôme, right in the heart of Nice!
Questex’s International Hospitality Investment Forum EMEA (IHIF EMEA), the premier meeting place for hospitality investment in EMEA, today announces leaders from Marriott, Accor, IHG, Hyatt and Radisson will unite to shape the future of the hospitality industry. IHIF EMEA’s 27th edition takes place 31 March - 2 April at the InterContinental and Pullman hotels in Berlin. Register here.
Transaction volumes in the UK hotel real estate market reached c. £1.8 billion in the last quarter of 2024, a remarkable 176% increase against the same period in 2023. The rise in Q4 was driven largely by the reported £900 million sale of ADIA’s Marriott hotel portfolio to KKR’s Amante Capital and Baupost, single-asset transactions in London as well as Edinburgh, and smaller sales across the UK regions.
Accor, a world-leading hospitality group with over 5,600 properties across more than 110 countries, is pleased to announce the Group has taken over the management of The Grand Tarabya, a historic property nestled in Istanbul’s upscale Tarabya neighborhood along the Bosphorus Strait. Effective Dec. 31, 2024, The Grand Tarabya marks Accor’s 38th property in Istanbul, reinforcing the Group’s continued expansion in key cities across Europe and the Middle East, as well as the destination’s growing reputation as a global hub for luxury hospitality.
Despite the recent outward bond movement, the UK remains a haven for real estate capital, with the highest level of transactional activity in Europe according to Cushman & Wakefield’s inaugural Visions report.