Hotel News

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Fuel costs burn up profits at Peel Hotels

Peel Hotels logoPeel Hotels has blamed “abnormal increases” in energy costs for a sharp fall in pre-tax profits.
Posted: 10 October 2008 | 07:00

PKF monthly hotel performance update - Industry data

PKF logoLondon hotels boosted revenue per available room (revpar) by 4.4% in the month of August 2008, according to preliminary figures from business advisors PKF.
Posted: 09 October 2008 | 16:22

Revpar grows by 0.45% at London hotels

ThreadneedlesLondon hotels saw revenue per available room (revpar) rise marginally by 0.45% in the week ending 5 October, according to figures from hospitality research company STR Global.
Posted: 09 October 2008 | 10:27

London weekly hotel performance to 5 October, 2008

ThreadneedlesLondon hotels saw revenue per available room (revpar) rise marginally by 0.45% in the week ending 5 October, according to figures from hospitality research company STR Global.
Posted: 09 October 2008 | 10:14

North-western weekly hotel performance to 5 October, 2008

Patten Arms hotel, WarringtonHotels in the North-west saw revenue per available room (revpar) fall by 12.05% in the week ending 5 October, 2008, according to figures from hospitality research company STR Global.
Posted: 09 October 2008 | 10:10

Hotel buy-to-let model is under threat as GuestInvest fails

GuestInvest's Nest hotelThe collapse into administration of GuestInvest, the pioneer of the buy-to-let hotel model, is "bad news" for the future of the concept, according to experts, but other operators in the field have insisted it can still work.
Posted: 09 October 2008 | 07:30

Stay focused on giving value

Beppo Buchanan-Smith, proprietor of the Isle of Eriska hotel and Master Innholder, says the credit crunch could widen the gap between small and large hotel operators once again
Posted: 09 October 2008 | 00:00

Rezidor announces 40th Park Inn in UK

Park InnHotel group Rezidor has unveiled plans to open its 40th Park Inn in the UK and Ireland, with a property in Southend-on-Sea set to launch in the second quarter of 2009.
Posted: 08 October 2008 | 13:00

Jamie Oliver programme brings Rotherham to boiling point - For more hospitality stories, see what the weekend papers say

weekend papersA round-up of the weekend's news affecting the hospitality industry. News includes: Scottish councils in revolt over free school dinners; Fat Duck cookbook goes on sale for £100; Sandelson in talks to buy back GuestInvest
Posted: 06 October 2008 | 10:05

Marriott admits credit crunch may affect new openings plan

Marriott has become the first major hotel group to admit its new openings plan could be hit by the credit crunch.
Posted: 03 October 2008 | 18:15

Buy-to-let firm GuestInvest goes into administration

Blakes hotelBuy-to-let hotel company, and Blakes hotel owner, GuestInvest has been placed into administration.
Posted: 03 October 2008 | 11:21

Prince de Galles hotel in Paris sold for more than £100m

Prince de Galles hotelThe five-star Prince de Galles hotel in Paris has been sold to a Saudi-based company, MH Limited Partnership, for an estimated €141.5m (£111.05m).
Posted: 03 October 2008 | 08:00

Von Essen acquires Callow Hall hotel in Derbyshire

Von EssenLuxury hotel group Von Essen has acquired Callow Hall in Derbyshire for an undisclosed sum, Caterersearch has learnt.
Posted: 02 October 2008 | 12:40

Revpar falls by 3% at London hotels

Holiday Inn KensingtonLondon hotels saw revenue per available room (revpar) fall by 3.4% in the week ending 28 September, according to figures from hospitality research company STR Global.
Posted: 02 October 2008 | 08:00

London weekly hotel performance to 28 September, 2008

Holiday Inn KensingtonLondon hotels saw revenue per available room (revpar) fall by 3.4% in the week ending 28 September, according to figures from hospitality research company STR Global.
Posted: 01 October 2008 | 15:06

North-eastern weekly hotel performance to 28 September, 2008

Seaham Hall, County DurhamHotels in the North-east saw revenue per available room (revpar) slump by 19.55% in the week ended 28 September, 2008, according to figures from hospitality research company STR Global.
Posted: 01 October 2008 | 14:59

TRI HotStats: monthly European hotel figures - Industry data

Farnborough AirshowThe biennial Farnborough Airshow in July made London the most profitable of the 10 European cities listed in the monthly Europe HotStats survey.
Posted: 01 October 2008 | 14:12

North-western weekly hotel performance to 21 September, 2008

Abode ManchesterHotels in the North-west saw revenue per available room (revpar) increase by 10.15 % in the week ended 21 September, 2008.
Posted: 01 October 2008 | 10:45

Hotelkeeper fined after failing to clean up premises

A hotelkeeper in Scotland has been fined £900 after he failed to clean up his premises despite seven separate visits from environmental health officers.
Posted: 30 September 2008 | 08:00

Sodexo signs agreement with Zehnacker Group and other international hotel news

World newsEssential news from around the world, including: InterContinental enters timeshare market; Starbucks opens first store in Portugal; Hilton Garden Inn debuts in Russia
Posted: 29 September 2008 | 08:00

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5th December 2008