PPHE starts year ‘well’
PPHE Hotel Group this morning reported a 12.4% increase on the year in revenue to EUR54.6m, with revpar up by 11.7%.
Holiday Inn adds two in Germany
InterContinental Hotels Group has signed two hotels in Germany under franchise agreements for its Holiday Inn brand.
Staywell signs Africa jv
Australia’s StayWell Hospitality Group has signed an agreement with South African-based hospitality group, Mantis Collection to front the growth of its hotel brands throughout sub-Saharan Africa.
Wyndham ad campaign for loyalty programme
Wyndham Hotel Group has announced its first national umbrella advertising campaign aimed at building consumer awareness of its brands and loyalty programme in the US.
Reit for Frasers Centrepoint
Frasers Centrepoint, the Singapore-based property developer, is to seek approval from its shareholders to set up a Reit to hold its hotel assets.
Perle signs three in Scotland
The newly-created Perle Hotels is to take over the operation of three hotels in Scotland after management company Skye Hotels went into administration.