Hotel Brands
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Feb- 2024 -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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22 February
Accor FY23 EBITDA hits €1bn
Accor has recorded a “record-high level” consolidated EBITDA of €1bn (£856m), up 49% in FY23. According to the hotel group,…
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22 February
IHG FY23 revenues jump 23% to $31.6bn
IHG Hotels and Resorts has revealed that total gross revenues hit $31.6bn (£24.9bn) in the year ended 31 December 2023,…
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19 February
Whitbread acquires Manchester development for 229-bedroom hotel
Whitbread, owner of Premier Inn, has purchased a consented hotel development site on the edge of Manchester’s Northern Quarter from…
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16 February
Hand Picked Hotels launches apprenticeship initiative
Hand Picked Hotels has launched a new initiative to boost apprenticeships within the group and the wider hotel industry. The…
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14 February
Marriott Q4 net income hits $848m
Marriott has revealed that its Q4 net incomes hit $848m (£675m), up from $673m (£536m) the previous year, boosted by…
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12 February
Safestay secures £18.5m funding package to boost growth
Safestay, which owns and operates 17 hostels across Europe, has secured an £18.5m funding package from HSBC UK to support…
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9 February
Maybourne to launch Knightsbridge members’ club in April
Maybourne Hotel Group will be launching Surrenne, a new wellbeing and longevity members’ club, in Knightsbridge in April 2024. Surrenne,…
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8 February
Hilton PBT falls to $1.69bn
Hilton has announced that it saw a profit before tax of $1.69bn (£1.34bn) for the full year ended 31 December…
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6 February
Four Seasons unveils global development pipeline
Four Seasons has revealed its global development pipeline which aims to further elevate the luxury group’s portfolio of hotels and…
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