January 26, 2023
Via: Hotel News ResourceMaybourne Hotel Group announces a new addition to the group with the opening of The Emory, its fourth hotel in the capital. The Emory, a modern architectural masterpiece designed by the late Richard Rogers and Ivan Harbour of architectural firm […]
Finance and Development, Markets
January 11, 2023
Via: Hotel News ResourceLondon hotel average daily rate (ADR) and revenue per available room (RevPAR) came in higher than the 2019 comparable for an eighth consecutive month, according to preliminary December 2022 data from STR. Occupancy: 76.8% Average daily rate (ADR): GBP206.87 Revenue […]
November 16, 2022
Via: Hotel News ResourceThe Mayor of London’s Let’s Do London tourism campaign has brought in £289m additional spending to the capital, expanding the biggest domestic tourism campaign the capital has ever seen to reach international audiences earlier this year Campaign was created to […]
May 9, 2022
Via: HospitalityDesignUK design studio Other Side has collaborated with Caravan Restaurants on the design of its latest outpost in the heart of London’s Canary Wharf. The restrained 120-seat all-day concept embodies the brand’s core values with an effortlessly cool and laidback […]
May 5, 2022
Via: HospitalityDesignThe London office of Hirsch Bedner Associates (HBA) has completed a graceful redesign of the Adria in the South Kensington neighborhood of the UK capital. The renovation is the 19th-century luxury townhouse’s first in more than a decade. The new […]
Finance and Development, Markets
January 11, 2022
Via: Hotel News ResourceAmid increased COVID-19 cases, London’s hotel industry reported lower occupancy but higher room rates, according to preliminary December 2021 data from STR. Occupancy: 53.4% Average daily rate (ADR): GBP153.63 Revenue per available room (RevPAR): GBP82.08 The occupancy level was the […]
Finance and Development, Trends
November 12, 2021
Via: Hotel News ResourceLondon’s hotel industry reported its highest performance levels of the pandemic-era, according to preliminary October 2021 data from STR. Occupancy: 65.4% Average daily rate (ADR): GBP145.63 Revenue per available room (RevPAR): GBP95.22 Each of the three key performance metrics were […]
September 10, 2020
Via: Hospitality NetCapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has opened Citadines Islington London – the newest addition to its Citadines’ Apart’hotel portfolio in Europe. The prime property in the heart of Islington was acquired in April 2016 through […]
September 2, 2020
Via: Hospitality NetLondon Heathrow, joining forces under one roof. It also brings the first-ever Radisson branded hotel to the UK. The property features one wing with 258 bedrooms showcasing the bold and playful design of Radisson RED. The other bedrooms – more […]
Finance and Development, Financial
January 28, 2020
Via: Hotel ManagementIf the Barclay brothers sell the Ritz Hotel for the rumoured £800m to a consortium of Saudi Arabian families it will have increased in value by 150 times in almost 50 years. Stephen Potel, consultant at Whitebridge Hospitality, sold the […]
Finance and Development, Markets
January 21, 2020
Via: Hotel ManagementThe Barclay brothers were expected to sell the Ritz Hotel in London to a consortium of Saudi Arabian families. The sale was forecast to be the first in a series in London, as the capital continued to attract overseas buyers, […]