Issue 2527 - 10 September, 2020

    Secure takes a hit

    Secure Income Reit saw adjusted earnings per share down 37% in the first half. The company, a major landlord to Travelodge, posted a 10.1% decline in net asset values. The group has 123 Travelodge properties, with the potential to break leases on 119 of them. It is further exposed to hospitality by ownership of a [...]

    Third Indigo in Japan

    IHG has signed its third Indigo hotel in Japan. The 155 room resort property in Karuizawa will be developed by IHG ANA Hotels Group Japan for opening in 2022. The hotel will operate under a management agreement with Tokyo Century Corporation. The group’s second Indigo in Japan, Hotel Inuyama Urakuen Garden will open in mid [...]

    Aman signs Bangkok

    Aman Resorts has signed to manage a hotel and branded residences in Bangkok, Thailand. The 52 room urban resort with 42 residence will open in 2023. Housed within a 36 storey tower, the project is being delivered by local partner Nai Lert Group. Almost half of the residences have already been presold.  

    Radisson Brazil commitment

    Radisson Hotel Group has signed a master franchise for all seven of its brands in Brazil. The move extends a relationship with local partner Atlantica Hotels for a further 20 years. Atlantica currently has 15 Radisson branded hotels across Brazil. Three current pipeline properties include Radissons for Flecheiras and Sao Paulo, and the country’s first [...]