The UK hotel market saw investment volumes reach an impressive £4 billion in 2021, representing the growing investor optimism over the long-term prospects for the sector, according to the latest UK Hotel Capital Markets: Investment Review 2022 by leading global property adviser Knight Frank.
London’s hotel market will return to pre-pandemic performance levels but is unlikely to return to growth until at least 2024/25. This was the conclusion of the 15th hotel webinar organised by consultancy HVS, legal expert Bird & Bird, publishing group EP Business in Hospitality and restructuring advisory firm AlixPartners, held yesterday (9th February 2022).
Aprirose, the real estate investment company, has added to its growing portfolio of hotel and leisure assets with the acquisition of Selsdon Park Hotel in Surrey from De Vere Hotels for an undisclosed price.
Like other destination marketing organizations (DMOs) impacted by the COVID-19 pandemic, VisitScotland has launched marketing efforts to keep Scotland front of mind as potential visitors make future travel plans. At the same time, the organization wants to be sure that Scottish tourism builds back sustainably, in a way that supports the destination in the long term. In this post, we discuss how VisitScotland partnered with us at Expedia Group Media Solutions to deliver a series of marketing campaigns that promote both recovery and responsibility, and committed itself to these ideals by signing the UNESCO Sustainable Travel Pledge.
Interstate Hotels & Resorts, Aimbridge Hospitality’s international division, has been named as the management company for England’s first ‘Tribe’ hotel, part of the Accor family, set to open at Manchester Airport in 2023.
Kimpton Marlowe Hotel is pleased to announce the appointment of Ms. Tara Rothberg as Hotel Manager for the award-winning, recently renovated 237-guestroom hotel which overlooks the Charles River in Cambridge, Massachusetts. As Hotel Manager, Rothberg will work closely with the hotel's General Manager, and will oversee all aspects of the hotel operation including the following guest-facing departments: Front Office, Housekeeping, Guest Services, Valet, Property Operations and Maintenance. In addition, she'll be responsi ble for ensuring that all guests are completely satisfied with their hotel stays and will develop and supervise programs that promote a positive work environment for all Kimpton Marlowe Hotel associates.
Hilton (NYSE: HLT) is offering more than 1,000 new roles across its hotels in the UK and Ireland, as it embraces business growth and while travel strengthens with easing restrictions.
YOTEL, a global hospitality brand appealing to those looking for a unique experience through awesome people, smart design, and the creative use of technology, announced today the addition of YOTEL London Shoreditch. The former East London Hotel will be re-branded as a YOTEL opening April 2022. This property marks the group's fifth city centre hotel in the UK, the fourth franchise property, the second UK hotel conversion and the nineteenth hotel in operation globally.
Bringing a whole new sense of green living to the hospitality industry, new hometel, room2 Chiswick steps away from polished neat interiors and instead offers a relaxed setting that feels real to the touch with genuine connection to craftsmanship and community. Inspired by the spirit of Chiswick’s 19th century arts and crafts heritage and recognising the climate situation, room2 Chiswick, the world’s first whole life net zero hotel, combines handcrafted local design with much reduced environmental impact, proving that style doesn't come at the expense of the environment.
Julie White, Vice President Commercial, Wyndham Hotels & Resorts, EMEA said, “Our Wyndham Rewards survey reveals that British holidaymakers’ decisions are still very much influenced by the current climate and travel trends. With an uptick in demand and an eagerness to plan their next trip in the year ahead, domestic travel interest has continued alongside a desire to experience those international trips once more. We are also seeing continued interest in flexible and remote working, as well as the importance of sustainability when making booking choices. At Wyndham we are committed to meeting the evolving demands of our guests and supporting our partners as they welcome guests back to their hotels.”
Four Seasons Hotel London at Ten Trinity Square welcomes Marie-Laure Fleury as General Manager of the historic grade-II listed property. Following a long career in hospitality, Marie makes her next move with Four Seasons to oversee the Hotel, Residences and Private Member's Club at Ten Trinity Square.
The Landmark Opening Sets a New Standard for Wellness Travel in the Heart of the Capital.
De Vere and Tony Troy have announced that Tony will be stepping down from his role as Chief Executive Officer (“CEO”) at the end of the month to pursue other private investment opportunities.
Valor Hospitality Partners, a global, full-service hotel acquisition, development, management and asset management company, announced today it has been appointed to manage the Courtyard by Marriott Edinburgh hotel, the international hotel management company’s first property in the city.
CWT, the Business-to-Business-for-Employees (B2B4E) travel management platform announces the appointment of Belinda Hindmarsh as SVP, Chief Operating Officer of RoomIt and China, effective immediately. In this newly created role, Belinda will spearhead commercial development of RoomIt, CWT's global hotel distribution division, and of CWT's operations in China - seeking to further leverage the growth trajectory and potential of both operations.
Recovery is finally underway for the UK hospitality sector. Despite some bumps along the way, 2021 saw some of the best performance metrics ever, with room prices reaching levels never previously achieved in some markets.
The announcement signals Hyatt's continued brand growth in the UK.
Investments to Include 16 Refurbished Bedrooms, Upgraded 3-Bedroom Coach Houses and a Redecorated Lounge.
Following a bumper fourth quarter, where £1.42 billion changed hands, total 2021 UK hotel investment volumes reached £4.14 billion, according to Savills.
Shaun brings a wealth of hospitality experience with him as he joins the team at Queens Hotel Cheltenham from Ennismore. Shaun previously held the role of London Operations Director and prior to that was General Manager of Eynsham Hall in Oxfordshire for almost 15 years, overseeing a refurbishment of £2.5million.