UK regions hurt Whitbread
Whitbread is to start disposing of smaller hotels in its UK portfolio. The move was revealed as part of optimisation and efficiency plans, as the group faces significant headwinds. A slack performance in the UK regions weighed on performance in the third quarter. A third quarter trading update showed total UK sales up 0.3% in [...]
Has Tempo hit the right note?
Hilton has launched its eighteenth brand, named Tempo. The lifestyle moniker is said to be chasing bookings from “modern achievers” and launched with 30 US sites signed. Oriented towards new build properties, the brand will feature full facilities, including a restaurant, bar, gym and meeting facilities, as well as oversize rooms and bathrooms. The generous [...]
Micro living set for growth
An expansion in micro living is under way across key European markets. And, as investors and developers look for sites, they are even buying up hotels for conversion to the new residential concept. Capital Bay, a leader in the niche in Germany, has acquired the Park Inn Munich Frankfurter Ring from local owner Nunn Group. [...]
Christie points up mixed outlook
European hotel markets face 2020 with marked differences in outlook, the latest sentiment survey from agent Christie & Co reveals. Contrasting opinions see Germany at the more pessimistic end of the scale. There, 70% of respondents think the market is at or past its peak, with an expectation that investment volumes will fall in 2020. [...]
Third parties break boundaries
The role of third-party management groups is set to broaden and deepen over the coming year, as a three factors combine. Leaders in the sector are seeking international growth, as owners look for better returns, at a point where the brands appreciate the help they need when adding to their global pipelines. Last year saw [...]
Rogue City looks to break into boutique
The UK’s boutique hotel space is about to see a new entrant – Rogue City hotels. But while the brand name may be new, the approach repeats an established model, and this time it threatens to be even better. Rogue is backed by niche housebuilder Henley Homes, and headed by veteran hotelier Nassar Khalil, who [...]- Hotel Analyst is sponsored by
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