Issue 2526 - 9 September, 2020

    Ascott links with Hotelbeds

    Serviced apartment specialist The Ascott has signed a distribution partnership with Hotelbeds. The move gives Ascott access to more than 60,000 business buyers active on the Hotelbeds platform. In return, Hotelbeds will offer preferential rates on Ascott, Citadines, Crest, Somerset and lyf apartments across 160 properties globally. The deal allows Ascott promotion on both the [...]

    Two for TAG

    The Apartment Group has bought two hotels in County Durham. The company aims to invest substantially in Whitworth Hall and Jersey Farm Country Hotel to create boutique properties. Jersey Farm, acquired via Christie & Co, will be relaunched in late 2020 as Runa Farm, with an offer including glamping. Following refurbishment, Whitworth Hall will relaunch [...]

    Angolan hotels seized

    Authorities in Angola have seized hotel assets from local conglomerate AAA. The IU and IKA brand properties are caught up in an investigation into AAA head Carlos Manuel de Sao Vicente, reports Reuters. De Sao Vicente has previously had assets in Switzerland frozen by authorities there. AAA is reported to own 86 buildings including one [...]

    Marriott layoffs

    Marriott is to cut 673 staff from its head office in Bethesda, USA. The permanent layoffs from the 4,000 strong corporate office take place in October, reports Washington Business Journal. Earlier in the covid-19 crisis, Marriott furloughed around two thirds of workers, and some are still on furlough or reduced hours. In August, Marriott CEO [...]