Issue 2556 - 21 October, 2020

    Magnuson links with Hotelbeds

    Magnuson Hotels and Hotelbeds have signed a strategic partnership. The deal will promote the Magnuson portfolio to more than 60,000 travel trade buyers. Magnuson rooms will be promoted via both Hotelbeds and the group’s retail platform, Bedsonline. Magnuson Hotels is the world’s largest hotel affiliation group, with over 65,000 hotels. Read the full story here: [...]

    New Kew Green partnership

    Management group Kew Green has signed a partnership with Light Human Hotels. The group will launch from the end of 2021 with an initial eight hotels in Europe, the USA and Brazil. Light Human’s pipeline includes hotels in Paris, Miami, Toulon, Corsica, São Paulo, Vila Real, Rio de Janeiro and Porto. Inspired by the millennial [...]

    New brand from Radisson

    Radisson Hotel Group has launched a new hotel brand, Radisson Individuals. The conversion brand has launched with 10 hotels signed across EMEA. The brand is designed to appeal to independent hotels, allowing them to retain their individuality. Locations signed are in the UK, Italy, Ukraine, Germany, Egypt, and Nigeria – with further hotels in Italy, [...]

    NH reinforces finances

    NH Hotels has agreed an 18 month extension to its EUR236m revolving credit facility. The move means NH now has minimal debt maturity before March 2023. The facility, syndicated among a group of European banks, has been reduced from EUR250m due to the withdrawal of three lenders. NH has also extended a covenant waiver with [...]