HA Perspective 2018

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    NH knocks back Barceló

    NH Hotel Group has rejected the offer made by Grupo Barceló, describing it as lacking in scope and value. NH said that the decision did not mean that any future offer would be turned down, with sources closes to Hotel Analyst suggesting that Grupo Barceló was likely to return and may face competition. The EUR7.08 [...]
    Bank Of England

    Demand waning for Brexit Britain

    The year ahead is likely to see demand fall for London as a destination as the discount afforded by the weak pound declines in influence. With investment in the UK hotel market 51% above the 10-year average last year, eyes are now on the performance of transactions in 2018, as performance weakens. Speaking at Whitebridge [...]
    india

    India’s hotel companies go public

    Lemon Tree Hotels has filed for an IPO in Mumbai which will list a minority stake of up to 24.9% in the company. The group is one of several in India which have turned to the public markets in recent weeks, as the country’s strengthening economy provides liquidity in the market and an exit strategy [...]
    Student Hotel

    Study Inn deal highlights alternatives

    Arlington Advisors has acquired the property assets of Study Inn for GBP135m, in a deal which is expected to fund the brand’s expansion. The student accommodation sector has risen in profile as an alternative investment option in recent years, as private investors and developers have moved into the domain traditionally dominated by the universities themselves. [...]
    SIAP Logo

    Pubs with rooms eye growth

    Beds and Bars, the backpacker bar and hostel group, reported a 15% increase in full-year Ebitda and announced plans to expand further into Europe. The company was part of a growing trend in the pubs sector which has seen growth in accommodation, led by Fuller, Smith & Turner which intends to add 100 rooms over [...]
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    Staycity looks to Europe

    Staycity forecast a “pivotal” year after announcing a further six new property openings for 2019 to 2020. The aparthotel company said that it was looking to additional sites in Europe, in addition to opening properties in Venice and Disneyland Paris in 2019, while it focused harder on the corporate market. The group’s four main target [...]
    juryswatford

    Jurys Inn brand under review

    Pandox said that the branding on the hotels it acquired in its GBP800m deal with Lone Star was currently under review by operator Leonardo Hotels. The company told us that the “landmark” deal would give it a platform to grow in the UK, with more deals likely after it had built up its market knowledge. [...]
    riudominicantui

    TUI embraces blockchain

    TUI Group CEO used its annual results to discuss how it was using blockchain technologies to “serve our customers better and yield our product better”. The company was the latest to adopt the technology, which allows for secure data sharing, following similar moves in the airline industry. TUI’s in-house blockchain works alongside its Cyrus yield [...]
    parkinn

    UK deals to grow in 2018

    The UK is expected to see the volume of deals grow in 2018, despite an anticipated fall in performance. The forecast came as HVS said that this year would “truly sift the good from the average, particularly in cities with an increasing supply of hotels, such as London”. Julian Troup, head of hotels agency, Colliers [...]
    airbnb

    Brookfield backs Airbnb

    Brookfield Property Partners is to invest up to USD200m in a joint venture with Niido, the multifamily development partner of Airbnb. The move sees Airbnb target the hospitality sector with the help of the residential property sector, as it moves towards its IPO, anticipated this year. USD20m of the investment has already been deployed at [...]