Today’s news in brief – 26/3/25
The European hotel investment market saw a 62% year-on-year rise in transaction volume, reaching €17.4bn (£14.5bn), its highest level since 2019, according to HVS. This growth was driven by easing interest rates and increased private equity funding, particularly for large portfolio deals. The UK led in transaction volume (36%), followed by Spain (15%) and France (12%), with London topping city-level activity at €3bn (£2.5bn). Private equity investors dominated, with €8.6bn (£7.1bn) in deals, a 300% increase from 2023. The report suggests that declining interest rates in 2025 could further boost liquidity and hotel investment.
Feversham Arms Hotel and Verbena Spa in North Yorkshire is on sale for £3.25m after entering administration. The 33-bedroom property, a former 19th-century coach inn, continues to operate under administrators, with no job losses. Despite financial difficulties due to over-leverage rather than poor performance, the hotel remains profitable and is expected to attract strong investor interest. All existing bookings and deposits will be honoured.
Malmaison Aberdeen has undergone a £1.8m renovation, enhancing guest rooms and public spaces, including its Bar and Grill. The redesign incorporates vibrant themes inspired by Aberdeen’s culture, such as tributes to Annie Lennox. Management is optimistic about the city’s tourism growth, citing developments like the Port of Aberdeen welcoming 40,000 cruise visitors in 2025. Malmaison sees the investment as a commitment to both the hotel and the city’s resurgence.
IHG Hotels and Resorts has promoted Brodie Green to director of operations at Kimpton Blythswood Square Hotel and Spa in Glasgow. Green, who began her hospitality career at 18, previously led Food and Beverage operations at Voco Grand Central Glasgow. Her promotion strengthens female leadership at IHG Glasgow, where women already make up over half of the management team. Following her move, Voco Grand Central is now hiring for key F&B positions.
