• Issue 1061

Hotel Collection restructured


The Hotel Collection, formerly Puma, has been restructured after a “pre-pack” administration. Former Travelodge chief Grant Hearn has been hired to take the 21 strong chain through a major refurbishment, reports the London Times.


Read more

TUI merger agreed


Management at TUI Travel and Tui AG have agreed terms for the proposed merger of the two companies. The deal is subject to the approval of each company’s shareholders next month. 


Read more

Center Parcs float


Blackstone is expected to float its Center Parcs holiday village next year, valuing the business at more than GBP2bn. The UK leisure venues achieved 99% occupancy through the summer period, reports the London Times.


Read more

Wyndham signs for Costa Rica


Wyndham has signed to open its first resort property in Costa Rica. The 151 room hotel, currently under development, will open in late 2015 and will be a mixed use development with the involvement of the group’s RCI exchange rental business. 


Read more

More Waldorf for Bali


Hilton has signed to open a third Waldorf Astoria hotel in Indonesia. The 100 room property in Bali, Ubud is scheduled to open in 2018.


Read more

Share →