Issue 4: 4th February 2019

    Deutsche Hospitality adds Zleep

    Deutsche Hospitality has made a 51% investment in Zleep Hotels, giving it an economy brand and taking its stable to five flags. The company is planning to expand the brand into Europe under a licensing agreement, while Zleep’s founders will grow it in Scandinavia. Peter Haaber, the founder & CEO of Zleep Hotels, told us [...]

    Fuller’s to pursue hotels

    Fuller, Smith & Turner said that it would focus on its hotels division after selling its beer business to Asahi for GBP250m. Fuller’s said that it was committed to “running a stylish, high quality estate” and would expand through organic growth and acquisitions. Simon Emeny, Fuller’s CEO, said: “This deal secures the future of both [...]

    PPHE sees UK turnaround

    PPHE Hotel Group told Hotel Analyst that it had turned around the negative revpar that it had seen in the first half of the year in the UK. The group said that it would continue to look for acquisition targets, but would not be drawn into a “heated” market. On a like-for-like basis1, total room [...]

    AccorHotels takes Orbis stake to 85.84%

    Accor has increased its stake in Polish hotel operator Orbis by around 33%, following the closure of the tender offer launched in November. AccorHotels said that the deal strengthened its control on Orbis and consolidated its leadership in Central Europe. Based on preliminary results of the offer, investors in Orbis tendered 15.3 million shares for [...]

    Brands renew China thrust

    Thomas Cook China announced plans for further growth in its own-brand hotel portfolio in China with an additional two projects, including the first Asian Casa Cook. The news came as Wyndham Hotels & Resorts reacquired exclusive rights for its Days Inn brand in China as the company looked to grow its direct franchising business in [...]

    Blackstone to invest in Center Parcs Europe

    The Blackstone Group has agreed the has agreed new long-term leases on seven Center Parcs resorts located in the Netherlands, Germany and Belgium. The private equity group will also invest EUR200m in the properties, fuelling rumours of a potential sale, shortly after HNA exited from its jv with Pierre & Vacances, which operated the sites. [...]

    Ibis gets social

    Europe’s biggest hotel brand, Accor-owned Ibis, is to be revamped to focus on being “genuine living spaces” that offer social interaction. Mobile check-in, music and flexible design are some of the key features of the new look which will have been installed, at least in part, across the whole network by 2022. Accor CEO Sébastien [...]