Month: April 2020
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Apr- 2020 -28 AprilCoronavirus
Fifth of SMEs in the hospitality space denied a rent holiday, survey finds
The financial hardship created by the lockdown is “being compounded” by a lack of help from landlords, with almost a…
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28 AprilEconomy
Global hotel profits rocked by Covid-19, says Hotstats
The US, European, Asian and Middle Easter hotel markets have all recorded year-on-year profit drops of 100% or more amid…
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28 AprilHotels
George Best Hotel appoints administrators
Matthew Ingram and Michael Lennon of Duff and Phelps have been appointed as joint administrators to Bedford Hotel Limited, opening…
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28 AprilFree to read
Listed Westminster hotel to be converted
Dexter Moren Associates (DMA) announced it has won planning permission to convert a Westminster site into a four-star hotel that…
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28 AprilBusiness Bites
Job support to be wound down, M&S dividend suspended, ventilator production slows, property market halts
Chancellor Rishi Sunack says he will wean the economy off his support schemes in a “gradual” wind-down, to help prevent…
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28 AprilCoronavirus
Edinburgh, Glasgow and Manchester hotel markets ‘well positioned’ for recovery
Edinburgh, Glasgow and Manchester are amongst the “key” European cities well positioned for hotel performance recovery, according to a study…
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27 AprilEconomy
Chancellor announces 100% guarantee on small business loans
Chancellor Rishi Sunak has announced the launch of a new ‘bounce back’ emergency loan scheme for small businesses, which will…
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27 AprilFree to read
‘Extra work needed’ after survey finds gaps in business support, says UKH
Trade body UKHospitality has said “extra work” is needed to help support hospitality businesses after a survey has identified gaps…
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27 AprilBusiness Bites
Lockdown to persist says Johnson, clergy weigh in on behaviour of corona-corporations
The PM is back at his desk and says the lockdown must continue for the foreseeable future, and it would…
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27 AprilHotels
LSH agrees Holiday Inn Express sale
Lambert Smith Hampton (LSH) has announced the successful sale of the Holiday Inn Express Hotel at Castle Bromwich, Birmingham. The…
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