Property

London and Manchester showed record-breaking revenue per available room (RevPAR) levels for the month of April.

Safestay has expanded its portfolio with the acquisition of three U Hostels-branded properties.

Compass Hospitality has opened a Citrus branded hotel in the UK which is the first of its boutique chain of properties.

Redefine BDL Hotels (RBH) has announced that it will manage the upcoming Courtyard by Marriott London Luton Airport Hotel. The project will be undertaken by Polcom Developments.

The Lowry Hotel in Manchester has been sold for a sum of £52.5m.

Leeu Collection has acquired its first London property, due to open in 2019.

Independent global sales organisation, Associated Luxury Hotels International (ALHI), has expanded its portfolio with hotels across the world, including the UK.

Hugh Grosvenor – the Duke of Westminster – is in a row with Army reservists over plans to evict them from their headquarters and turn it into a luxury hotel.

A US-based hotel group has acquired two UK hotels after receiving funding from Natwest.

European hotel investors have named the UK as the most attractive location in Europe for investments.