Hotel Brands
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Mar- 2024 -6 March
Splendid secures £232m club loan amid expansion plans
Splendid Hospitality Group has secured a £232m club loan from OakNorth Bank and HSBC to support future growth. The club…
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4 March
Andras House acquires ETAP Hotel for £7.35m
Belfast-based hotel group, Andras House, has acquired an investment property on Belfast’s Dublin Road that comprises the 146-bedroom ETAP Hotel…
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Feb- 2024 -29 February
PPHE welcomes ‘record’ revenues of £415m in FY23
PPHE Hotel group has welcomed “record” revenues and EBITDA in its full-year results, as total revenues rocketed 25.6% to a…
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28 February
The Cumberland Building Society expands hotel portfolio with Rees Mellish
Specialist accommodation-led hospitality lender The Cumberland Building Society has expanded its hotel portfolio with a new seven-figure deal with Rees…
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28 February
Whitbread secures Leisureplex site for second Cork Premier Inn
Whitbread has secured a second location for Premier Inn in Cork, having purchased the site of the Leisureplex entertainment complex…
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27 February
Adagio sees record 2023 amid raft of new openings
Aparthotel provider Adagio has seen its occupancy rate jump to 79%, the highest rate it has ever seen, as part…
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26 February
King Caves glamping lodges brought to market
Kings Caves Glamping, by Machrie on the Isle of Arran has been put on the market for offers over £450,000.…
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23 February
Hyatt FY net income hits $220m
Hyatt has revealed its full-year net income reached $220m (£173m), exceeding its outlook for 2023. The performance comes as it…
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23 February
Four arrested amid £140m Signature Group fraud investigation
Four have been arrested and three residences have been raided as the Serious Fraud Office confirmed it was investigating Signature…
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22 February
Whitbread staff retention 10% higher among apprentices
Whitbread has revealed that its staff retention rate is 10% higher for apprentices, equating to £5m in reduced costs, increased…
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