• Issue 1026

Starwood buys in Edinburgh

 

Starwood Capital has bought the Roxburghe hotel in Edinburgh in an off-market deal. The property was refurbished in 2013 and rebranded as a Crowne Plaza, reports The Scotsman.

 

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Steigenberger signs Taizhou

 

Steigenberger has signed to launch its fifth hotel in China. A flagship 200 room hotel will open in Taizhou in late 2017.

 

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Barcelona warms up

 

Hotels in Barcelona and Milan enjoyed a positive June, growing goppar 8.5% and 4.1% respectively in the month. German cities did less well, with revpar down 9.6% in Cologne and reduced by 1.7% in Dusseldorf, report Hotstats.

 

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Hilton tech investment

 

Hilton is planning a USD500m technology upgrade to leapfrog competitors with updates harnessing smartphone technology. A first phase allowing guests to select rooms via mobile devices will roll out across six Hilton brands this summer, reports the Wall Street Journal.

 

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Akkeron hits suppliers

 

The demise of hotel investor Akkeron is third time unlucky for some Scottish suppliers. Three west Highland hotels previously crashed under owners Swallow Hotels and Folio Hotels, before the latest administration, reports the Press and Journal. 

 

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