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’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 [...]
    Staycity_048 Manchester Exterior

    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 [...]