Search

Press Release General Management

Morgans Hotel Group Closes On Sale of London Hotels

Morgans Hotel Group Co. (NASDAQ: MHGC) ("Morgans" or the "Company"), the operator and 50% owner of the London joint venture that owns Sanderson and St Martins Lane, today announced that the joint venture partners have closed on the sale of the Sanderson and St Martins Lane hotels to Capital Hill Hotels Limited, a Middle Eastern investor with other global hotel holdings. The sale price for the two hotels is 192 million pounds Sterling, or approximately $300 million, and represents a value of approximately 542,000 pounds, or $847,000, per room.

London, United Kingdom
External Article Sales & Marketing

Bye-Bye to the B&B | independent.co.uk

The expansion of budget hotel chains and the emergence of travellers with high standards but tight budgets, are forcing the old-fashioned, low-grade guest house out of business. More than 1,500 B&Bs with fewer than three stars have closed in England since 2007, a cut of more than a third. In Scotland, one- and two-star B&Bs are down by 63 per cent, while the number of budget hotels is up 80 per cent. A third of guesthouses and B&Bs in the UK report having fewer guests in last month's school half-term than in 2010.

United Kingdom
Appointment

Peter Lloyd has been appointed as Executive Chef at W Hotel Leicester Square

Peter Lloyd has been appointed executive chef W London, which includes running the hotel's restaurant Spice Market. He replaces Tim Tolley, the US-born executive chef who left just weeks after the hotel opened following a spate of negative reviews. Lloyd will oversee all aspects of the hotel's food offering, working with New York-based chef Jean-Georges Vongerichten, who devised the Spice market concept. After training at the Dorchester hotel, Lloyd went on to work at Suka, the Malaysian restaurant at the Sanderson hotel, and at Bank restaurant and bar. "The pairing of Spice Market with the W brand has been one of the most exciting launches on the London hotel and restaurant scene this year," said Lloyd. "It is a privilege to be involved at such a senior level." Vongerichten with his company, Culinary Concepts, operates four Spice Market restaurants - in Atlanta, New York and Doha, as well as London.

W Hotel Leicester Square
London, United Kingdom
Ad HITEC 2026
Visit HITEC 2026 in San Antonio!

HITEC is the center for the latest conversations on hospitality technology. Come and see the technology shaping the industry.
Hospitality Financial and Technology Professionals (HFTP)
Ad Tambourine One
All you need is one.

Some call it a website with a booking engine built in. Some call it a booking engine with a website built in. We call it One.
Tambourine
Appointment

Michael Regenhardt has been appointed as Group Operations Director at FJB Hotels Group

With almost 30 years' experience in the hospitality industry, Regenhardt has spent the last 14 years working for Marriott International within hotels based in London, the Midlands and Bournemouth. His most recent position was at the Bournemouth Highcliff Marriott, where he was general manager for four years and heavily involved in the completion of the hotel's significant £4.5 million renovation programme. As part of his new role, Regenhardt will oversee the group's portfolio consisting of a collection of Dorset-based hotels – The Haven, The Sandbanks, The Harbour Heights, The Chine – the FJB Watersports Academy as well as the language school, the Chine Academy.

FJB Hotels Group
Bournemouth, United Kingdom
Appointment

Robin Wicks has been named chief executive at Sanguine Hospitality

Sanguine Hospitality has appointed Robin Wicks as chief executive to lead its expansion plans. The group, founded by Liverpool entrepreneur Simon Matthews- Williams, plans to open six more hotels in the next 12 months. Mr Wicks, who was already a non-executive director at Sanguine, spent 16 years at Intercontinental Hotels Group (IHG), where he served as chief operating office for Europe. Sanguine opened its first Hotel Indigo in Liverpool this year. Sanguine will open two more boutique hotels under the Indigo brand, which is owned by IHG, in coming months.

Sanguine Hospitality
Bristol, United Kingdom
Appointment

Jonathan Sheard has been appointed as Managing Director for MGallery and Mercure hotels UK at Accor UK

Jonathan Sheard will be responsible for leading MGallery and Mercure hotels including subsideries, managed hotels and franchisees. Sheard joined Accor in 1992 as general manager of Novotel Sheffield and later became director of operations for Mercure. MGallery, Accor’s upscale brand, launched in the UK last month with the inauguration of St Ermin’s Hotel in St James. The collection will grow to over 150 sites by late 2015. Mid-market brand Mercure has more than doubled its UK footprint this year with 70 hotels.

Accor
London, United Kingdom