Reuben Brothers Accelerates Plans to Bring Waldorf Astoria to Admiralty Arch
Enhanced development will set new standard for luxury hospitality in London and launches a deepening relationship between Reuben Brothers and Hilton.
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UK Hotel trading performance in 2022 exceeds expectations but the pace of recovery is set to slow in light of the economic downturn
The UK hotel market has continued in its recovery, delivering a strong trading performance. Domestic leisure demand fuelled the early recovery, but this has been supported by robust demand for business travel as well as flexible working trends generating new sources of demand. This comes despite continued challenging market conditions including accelerating costs causing profit margins to decline, according to the latest UK Hotel Trading Performance Review 2022 by leading global property adviser Knight Frank, in partnership with HotStats.
London hotel room rates set to weather high inflation
In our latest report, Can Hotel ADRs Overcome High Inflation, we tracked the link between ADR growth and inflation over the past 50 years, focusing on hotels in London. This period included times of economic prosperity as well as downturns to help predict what hotel room rates are likely to look like going forward.
Cadogan Acquires The Draycott Hotel
Monday 28th November saw the acquisition by Cadogan of The Draycott Hotel. Built in 1890, the striking Victorian property comprises three red-brick town houses on Cadogan Gardens in the heart of Chelsea. It will undergo a sensitive restoration before reopening as The Chelsea Townhouse, operated for Cadogan by Iconic Luxury Hotels.
Patrick Graham has been appointed as Hotel Manager at Rosewood London
Rosewood London is delighted to announce the appointment of Patrick Graham as Hotel Manager. Patrick was previously positioned at Nobu Hotel London Portman Square and The Bulgari Hotel & Residences, where he played an integral role in the opening of both hotels and held positions as both Director of Rooms and Hotel Manager. With nearly 20 years' experience, Patrick has had a remarkable career within the luxury hospitality sector - inclusive of over three years at Claridge's, among others - and will be responsible for the overarching hotel environment and the managing of the staff, marketing and key services for Rosewood London.
Jon Hardcastle has been appointed as Senior Sales Manager UK & Europe, All-Inclusive at Marriott International
Marriott International is delighted to announce the appointment of Jon Hardcastle, Senior Sales Manager UK & Europe, All-Inclusive, Marriott International.
STR: London’s hotel ADR and RevPAR surpassed pre-pandemic levels in October
London’s hotel average daily rate (ADR) and revenue per available room (RevPAR) came in higher than the pre-pandemic comparable, according to preliminary October 2022 data from STR.
Sébastien Samoye has been appointed as ice President of Real Estate at Belmond
Belmond announced the appointment of Sébastien Samoye as Vice President of Real Estate. In his new role, Sébastien will play a key role in curating the ultimate travel collection for Belmond.
Susanne Hatje has been appointed as General Manager at Mandarin Oriental Mayfair, London
Mandarin Oriental Hotel Group has enlisted the talent of veteran hotelier Susanne Hatje to oversee the launch of Mandarin Oriental Mayfair, London scheduled to open in spring 2023.
Jon Critchley has been appointed as Director at HVS Hodges Ward Elliott
HVS Hodges Ward Elliott, the European brokerage and investment advisory arm of HVS, has announced the appointment of Jon Critchley as Director, expanding the firm's hotel capital markets capabilities across the UK and Europe.Jon joins HVS Hodges Ward Elliott from real estate agent Avison Young where he focused on buy-side investment mandates and valuation advisory, as well as hotel operator selections and fixed income investments throughout EMEA. Prior to this, he held senior roles at Knight Frank and CBRE.
Art’otel London Battersea Power Station Announces Official Launch Date
art'otel London Battersea Power Station, the capital's hottest new hotel opening, has announced that it will officially launch on 21st February 2023, with doors open from 12th December 2022 for first stays. The first UK opening for the art'otel brand, the launch is set to bring a bold new energy to the groundbreaking Battersea Power Station neighbourhood, offering a one-of-a-kind hotel experience that fuses art, design and hospitality with never-before-seen views.
Open for Business - Battersea Power Station, London
It felt quite strange when, for the first time, I saw the station name ‘Battersea’ appear on a dot-matrix signboard on a platform of the Northern Line a year ago. For some time I’d been reading in newspapers about the redevelopment of Battersea Power Station but I had no idea that this neighbourhood would also become home to one of the newest Underground stations in London.
By Iqbal Ahmed, Head Curator, Coldstream Publishers
HotelRunner launches ‘Insights’ to help hospitality businesses harness the power of intelligence
The leading sales, operations, and distribution management platform HotelRunner introduces 'Insights' at WTM London, a cloud-native business intelligence (BI) platform, offering ready-to-use and fully customizable pixel-perfect dashboards, data warehouse models, and visualizations.
PwC Hotels Forecast 2022 - 2023 - Recovery stalls after strong rebound
Despite rapid growth and a stronger than expected rebound in demand in 2022, recovery in the UK hotel market is set to stall in 2023 in the face of continued volatility of trading conditions and rising operational costs. But, as the PwC UK Hotels Forecast 2022-2023 reveals, there are diverging fortunes for hotels in London and those in the UK regions.
RIU will present its new hotel in London at the World Travel Market
RIU Hotels & Resorts will open in the spring of 2023 its first hotel in the United Kingdom, the Riu Plaza London Victoria. The visitors to this year's World Travel Market (WTM) will be able to learn all the details of this new project, as well as more of RIU's new developments, at the company's stand UKI301.
Nicholas Northam has joined Glion Institute of Higher Education - London Campus as Professor Global Real Estate Markets
Nicholas Northam has also joined Glion London where he will teach Global Real Estates Markets on the Master's in Real Estate, Finance and Development. During his wide and varied career spanning over 40 years within the hospitality business, Nicholas has been General Manager of a number of Marriott Hotels and was Operations Director for Marriott in the UK. He additionally spent over a decade in asset management, most recently as the Executive Vice President for Interstate Hotels and Resorts, Europe's largest third-party management company and the international arm of Aimbridge Hospitality.
Debra Adams has been appointed as Program Director at Glion Institute of Higher Education - London Campus
Debra Adams, who has been a Consultant Lecturer at Glion since 2017, is now Program Director of the Master's in Real Estate, Finance and Development based at Glion's London campus. She has previously held positions at a number of hotel schools in the UK and Switzerland and is a specialist in hospitality finance training for finance professionals and operational heads of department in hotels, restaurants and leisure facilities. Debra is also a Trustee and Member of the National Supervisory Board at the Institute of Hospitality.
Pavan Soni has been appointed as Cluster Commercial Director at Strand Palace Hotel
Strand Palace, under L&R Hotels, has recently appointed and welcomed Pavan Soni as the new Cluster Commercial Director. Pavan has a vast hospitality background with over 20 years of luxury and mid-scale brand experience within the hotel industry. He has worked for large chains and well-known groups across the globe including UAE, the US and the UK as General Manager, Group Director of Sales and Marketing as well as Head of Revenue. He has a proven track record for achieving high multi-million revenues and prides himself on his Marketing skills to position hotels as the highest ranking in their areas.
STR: London hotel rates exceeded pre-pandemic levels in July
Aligned with seasonal patterns, London’s hotel performance came in lower than the peak seen during the previous month, according to preliminary August 2022 data from STR.
Stephen Still has been appointed as Associate Director, London at HVS, London
HVS has appointed Stephen Still as Associate Director in their London office. Stephen will provide hospitality valuation and advisory services throughout the UK and EMEA regions.