Heston Blumenthal announces strategic investment from COMO Group to support future growth of The Fat Duck group
COMO Group's investment in The Fat Duck group will fund expansion plans for the three Michelin-starred restaurant and sister pub in Bray.
Press Releases
Understanding the Profit Picture: HotStats CEO Michael Grove at ITB Berlin
HotStats CEO explains why revenue growth doesn't always translate to stronger margins due to rising costs and evolving guest expectations.
Investors Return to Europe’s Hotel Sector as Transactions Exceed €27 Billion
European hotel transaction activity reached €27 billion across 1,050+ hotels in 2025, marking the strongest investment year since 2019.
Airbnb launches £1 million “Best of British” fund to back hospitality and boost local tourism
From maypole dancing to cheese rolling, the UK is home to some of the world’s best cultural experiences and quirky, local traditions. Yet according to new research from Airbnb, many of these remain off the radar for holidaymakers.
Starhotels Looks to the Future: 350 Million Financing Agreement Signed for Expansion and Consolidation of Italy's Leading Hotel Group
Starhotels S.p.A. announces that on March 11th 2025 it has signed a €350,000,000 ten-year loan financing agreement with a pool of banks made of: BNL BNP (acting as agent bank), BPER, BPM, Crédit Agricole, MPS, and Unicredit.
easyHotel Secures New Funding to Fuel Spanish Expansion
Value hotel chain, easyHotel has further strengthened its financial position by securing a £24.5 million loan from Spanish Bank, CaixaBank to support its continued expansion into the Spanish market.
Scandic launches sustainability-linked long-term financing
Scandic has carried out a refinancing of the company’s credit facilities with a group of banks that will ensure robust, flexible and long-term financing adapted to the Group’s growth strategy and strong financial position.
The Belfry Hotel & Resort begins its multi-million-pound expansion
A major expansion and renovation project, in excess of £80 million, has begun at the multi-award-winning Belfry Hotel & Resort in the West Midlands. The impressive project, due for completion Autumn 2025, will see a flagship 852sqm event space, The Masters Suite, built and designed to host 648 guests for banqueting with a max capacity of 920, making it perfect for conferences and product launches, mini expos and weddings.
Travelodge PropCo Group closes the acquisition of 66 Travelodge-branded hotels from Travelodge’s largest landlord - LXi REIT
Travelodge OpCo Group, the UK’s first budget hotel brand which operates nearly 600 hotels, today announces the completion of the property acquisition as anticipated in the announcement of the agreement on 8 January 2024.
Travelodge agrees to acquire 66 Travelodge-branded hotels from its largest landlord - LXi REIT
Travelodge, the UK’s first budget hotel brand which operates nearly 600 hotels, today announces that it has exchanged contracts to acquire 66 Travelodge-branded hotels on a freehold and long leasehold basis from its largest landlord, LXi REIT plc (“LXi”), for a combined sum of £210 million.
£2 billion of UK hotel transactions in 2023
£2 billion of UK hotel transactions were recorded in 2023, according to global property adviser Knight Frank. Q4 was the strongest quarter of the year for investment into the sector with £615 million of deals, representing 31% of the total annual investment activity.
Travelodge is the UK’s first hotel brand to sublet to Popeyes at its Northampton Travelodge hotel site
Travelodge, the UK’s first budget hotel chain, which operates nearly 600 hotels across the UK, Ireland, and Spain, is delighted to announce it has entered a sublet agreement with Popeyes Louisiana Chicken. The global brand, which is renowned for its ‘Shatter Crunch’ chicken, is taking the UK by storm and has opened one of its first UK drive-thru restaurants at the Northampton Upton Way Travelodge hotel site.
CapitaLand Ascott Trust completes divestment of four properties in regional France for EUR44.4 million
CapitaLand Ascott Trust (CLAS) has completed the divestment of four mature serviced residences in regional France to an unrelated third party for a total of EUR44.4 million (S$64.7 million[1]). The four properties are Citadines Croisette Cannes, Citadines Prado Chanot Marseille, Citadines Castellane Marseille and Citadines City Centre Lille.
Scandic’s Nomination Committee proposes Gunilla Rudebjer as new Board member
Prior to Scandic Hotels Group AB’s Annual General Meeting 2022, the Nomination Committee has proposed Gunilla Rudebjer as a new member of the Board of Directors. At the same time, the committee would like to announce that Ingalill Berglund has declined re-election.
Choice Hotels EMEA Focuses on French Growth and Observes Increasing Consumer Confidence in the Market
Having observed increased consumer confidence in the French market through encouraging domestic leisure travel in July and August, Choice Hotels EMEA has this week attended the Franchise Expo Paris and Global Lodging Forum, both held in Paris, to meet with franchisees and focus on growth in the market.
Italy Looks Set To Lose More Than €36 Billion From Missing Tourists And Visitors Due To Pandemic, Says WTTC
A devastating €36.7 billion looks set to be lost from the Italian economy due to the collapse of international travel during 2020, according to latest research conducted by the World Travel & Tourism Council (WTTC).
Germany Looks Set To Lose €38 Billion From Missing Tourists And Visitors Due To Pandemic, Says WTTC
A devastating €38 billion looks set to be lost from the German economy due to the collapse of international travel during 2020, according to latest research conducted by the World Travel & Tourism Council (WTTC).
WTTC Says France Looks Set To Lose €48 Billion From Missing Tourists And Visitors Due To Pandemic
A staggering €48 billion looks set to be lost from the French economy due to the collapse of international travel during 2020, according to the World Travel & Tourism Council (WTTC).
WTTC Says UK Looks Set To Lose £22 Billion From Missing Tourists And Visitors Due To Pandemic
A staggering £22 billion looks set to be lost from the UK economy due to the collapse of international travel during 2020, according to the World Travel & Tourism Council (WTTC).
New EyeforTravel Report: Why dynamic pricing will transform travel distribution
Pricing within the travel industry is evolving to match consumers and what they are willing to pay far more accurately as a result of a better understanding of impacting variables and more ability to deploy granular prices across distribution networks. The upshot of this, according to a new report, is that travel brands can continuously adjust their pricing to suit their customers and thus maximize the revenue they get for each route or room.