Hospitality News & Views From Across the Web

Want to stay on top of key industry news, but don't have the time to stay up to date with what matters? Worry no more!

Our team regularly monitors a number of key sources for the most interesting hospitality news and opinion pieces, so you don’t have to.  Those that catch our eye are reposted here, with content added most days, so be sure to bookmark this page and check back regularly.  Alternatively, if you would like to receive a weekly digest, why not sign up to our newsletter to have it delivered to your inbox every Thursday?

News
Hotel Owner

MCAP Global Finance acquires 17 UK hotels

MCAP Global Finance (UK) LLP, an affiliate of New York-based investment manager Marathon Asset Management has acquired a large UK hotel portfolio from Cerberus Capital Management for an undisclosed sum. The portfolio consists of 17 branded, full-service hotels that are strategically located in key regional markets across the UK including

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Accor outsources

Accor has revealed plans to launch a SPAC in Europe, to help nurture its non-hotel activities.   The separately held vehicle, with potentially EUR300m of backing from external investors, will be used to support target companies innovating in food & beverage, flexible working, wellness, entertainment and events, and travel technology. Accor

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Making fitness a profitable exercise

As communities emerge from Covid-19 lockdowns, those in the health and fitness sector are arguing for a more holistic approach to wellness.   Notably, the UK government is promising to build back healthier, with a Queen’s speech commitment to work on improving the general health of a nation whose level of obesity

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News
Hotel Owner

The return of the hotel market

The hotel sector has faced one of its most challenging years in history due to Covid 19. Premier Inn is a prime example, reporting a £1bn annual loss for the year to 25th February 2021 with sales falling by almost three-quarters. Year to date February 2021 saw actual reported occupancy

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Development
Hotel Owner

European hotel pipeline remains healthy in Q1

Europe’s hotel construction pipeline remains healthy in Q1 increasing 5% by projects and 6% by rooms year-over-year (YOY), according to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE). It found that Europe ended the first quarter of 2021 with 1,928 projects/310,523 rooms, a “record high” project

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Development
Hotel Owner

Radisson Individuals debuts in Scotland

Radisson Hotel Group has announced the signing of River Ness Hotel, a member of Radisson Individuals, in Inverness, Scotland, marking the first Radisson Individuals hotel to be signed in Scotland. Set to open in Q3 2021, the modern 76-room hotel will feature a bistro, bar, and gym. The full-service hotel

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