Santander backs Z Hotels
Compact hotel operator Z Hotels has secured GBP4m of finance to fund expansion. Backing from Santander will enable the company to open new properties in London and Glasgow.
Costs hit Berlin and London
Hotels in London and Berlin saw profits down despite rising revenues in 2013, as costs rose. Paris saw profits rise, while Jeddah was among the top Middle Eastern markets last year, report Hotstats in their annual review.
Wyndham data development
Wyndham has failed in a bid to strike out a law suit it was facing over a data breach. The Federal Trade Commission can now proceed with a case over the hacking of 619,000 customer accounts, reports Bloomberg.
Blu converts in Udaipur
Carlson Rezidor has signed to open a Radisson Blu in Udaipur, India. The agreement with Rockwood Hotels & Resorts will see the 240 room former Sheraton convert in May 2014, reports Travel Daily India.
Starwood bans shark fin
Starwood has banned shark fin from the menus of its hotels and restaurants around the globe. The company says its move is a demonstration of its commitment to environmental responsibility.