The hotel industry is resilient and will bounce back stronger

There are reasons for the hotel sector to feel positive. This may sound counterintuitive, but past experience teaches us that just as the hotel sector tends to be one of the early casualties of an economic downturn, it is invariably one of the first to bounce back. So while many businesses are still licking their […]

OpRE steps towards the limelight

Operational real estate deserves recognition as a standalone asset class, according to new research. No longer an alternative or subset, it should be seen as a valid way for investors to capture greater real estate value.   The research, carried out for the Investment Property Forum, reviews a number of issues the growing niche faces, around metrics and […]

PPHE and Dalata poised

Owner operators Dalata and PPHE are poised for an asset-backed relaunch, as the pair prepare for the reopening of the UK market, where both have a substantial presence.   Despite both posting substantial losses for full year 2020, they are looking forward to reopening and pushing forward with strong growth pipelines.   “We’re impatient for the recovery […]

Investors resilient as market switches

Europe’s hotel markets were surprisingly resilient in 2020, despite the substantial upset delivered by the pandemic.   Figures just collated by agents Cushman & Wakefield show that, while European hotel investment volumes fell 63%, investors recovered from the covid-19 shock and continued showing confidence in the sector. By the year end, more than EUR10bn of deals […]

Investors look for green shoots

Savvy hotel investors are starting to tap into the potential of green funding, to help drive forward investment in greener operations.   The opportunity is set to increase in scale, as environmental, social and governance (ESG) rises up the agenda in the minds of investors, from funds to direct shareholders.   And the hotel sector has plenty of investment […]

Gov confirms lease forfeiture moratorium extension

The government has announced another extension of the lease forfeiture moratorium, in a boon for the hospitality industry. Robert Jenrick, the house secretary, confirmed protections that prevent landlords from repossessing commercial premises, if businesses are unable to to pay rent due to Covid-19, will now expire in June. Originally the moratorium was due to expire […]

Locke Aparthotels reveals UK expansion plans

Hospitality operator Edyn has announced the opening dates and first images of the rollout of its aparthotel brand Locke, with new sites set to open across the UK and internationally throughout 2021. According to the group, Locke “elevates the traditional aparthotel model” by combining self-contained studio apartments, complete with fully fitted kitchens, living areas and […]

Holmes Hotel London launches ‘The Residence’

Located on Chiltern Street in the heart of Marylebone Village, Holmes Hotel London has unveiled The Residence: a brand-new exclusive events venue within the hotel. The Residence has been launched alongside the hotel’s existing meeting and events facilities, creating a new self-contained event space which is designed around the “ethos and etiquette of the historic […]

Dartmoor Lodge Hotel brought to market for £1.5m

Newton-based Dartmoor Lodge Hotel has been brought to the market for £1.5m.  The property houses 22 en-suite bedrooms and was originally constructed in the 1930s. It is set in grounds of 1.58 acres, which includes car parking for 70 vehicles, trade and private gardens areas. In addition, the venue also features owners accommodation with a […]

Hilton Grand Vacations To Acquire Diamond Resorts, Creating The Premier Leisure Operator With The Broadest Offering In The Vacation Ownership Industry

Combines largest independent timeshare company with the strength of Hilton Grand Vacations’ brand and culture. Generates over $125 million in run-rate cost synergies, expected to be achieved in the first 24 months following close. Expands and diversifies HGV’s resort portfolio into over 20 new markets, adding additional drive-to destinations & sales centers while enhancing alignment with the […]