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    Costa sale leaves Premier Inn adrift 

    Costa Coffee’s GBP3.9bn sale to Coca-Cola has raised the prospect of Premier Inn being next to be sold, marking the possible exit of Whitbread from the hotel sector. The deal came as Premier Inn announced plans to expand into Ireland and told analysts that it “had other innovations in the UK”, raising the prospect of [...]

    Investors backing London

    PPHE told Hotel Analyst that it was continuing to look to acquisitions in London, despite the increased supply coming into the market. The results were released as the Barclay brothers were reported to have acquired control of the Beaumont hotel, paying more than GBP125m for a long lease on the 73 room-property. Daniel Kos, CFO, [...]

    Dalata researches Germany 

    Dalata Hotel Group confirmed that it was in the “research” phase of expansion into Germany, having identified up to 10 suitable cities. The comments were made to Hotel Analyst as the group released its half-year results, which saw it announce a third hotel in Manchester. Dermot Crowley, deputy CEO, told us: “We are looking at [...]

    UNWTO: tourism third-largest export

    International tourist arrivals reached a total of 1.32 billion in 2017, according to the latest figures from the UNWTO. Exports generated by tourism reached USD1.6 trillion, making tourism the world’s third-largest export sector and came ahead of another summer of protests in regions which have become a focus for tourism. The UNWTO Tourism Highlights 2018 [...]

    Google edges deeper into travel

    Google has launched a tool indicating the cheapest time to book flights and hotels, using historical prices. The launch came as speculation reignited that Amazon would make a fresh attempt on the travel market, using what one analyst described as its “history of solving complex logistical problems”. Richard Holden, VP, product management, travel, Google said: [...]

    Aparthotel jv looks to UK

    Aparthotel brand Native and mixed-use developer First Base have formed a partnership to develop a portfolio of aparthotel units across the UK. The pair plans to develop a GBP400m group comprising of aparthotels or mixed-use properties, with a focus on the areas around London, Oxford, Cambridge, Bristol and Edinburgh. Earlier this year saw Native rebranded [...]