Nadhim Zahawi joins equity group piling £1bn into Mayfair hotels Hospitality Former Tory chancellor Nadhim Zahawi has joined the board of an investment firm piling £1.1bn into two luxury Mayfair hotels. Evolution Investment Fund, based in the British Virgin Islands, has acquired a long leasehold interest in the London Marriott Hotel in Grosvenor Square and a luxury hotel development site in New Bond Street. The fund, [...]
Top hotel chain calls for Liverpool Street scheme to be rejected Business A top hotel group has called for Network Rail’s £1.2bn Liverpool Street redevelopment to be rejected or deferred, warning that it might not ever be completed. James Francque, global head of transactions at Hyatt, said the scheme is “not financially viable, offers limited operational benefit, and carries a high risk of non-delivery.” “For these reasons, [...]
Why Burford should be your next Cotswolds weekend away Life&Style If there was a Venn diagram between people who live in East London, have smart little dogsin dinky little coats and are partial to pet nat, then The Bull in Charlbury would probably be inthe middle. If you draw a Venn diagram between people who live in West London, havesmart gundogs and are partial to [...]
Only pubs set to benefit from business rates U-turn as hoteliers barred January 21, 2026 Pubs will be the only businesses to benefit from the government’s business rates U-turn as other hospitality firms will be shut out from tax relief, Rachel Reeves has hinted. The Chancellor told reporters at Davos that pubs face a different situation to the rest of the sector, likely meaning hotels and other hospitality businesses will [...]
Andy Murray’s luxury hotel returns to profit after losing over £1m January 5, 2026 The five-star hotel owned by Sir Andy Murray returned to profit during its latest financial year, it has been revealed. The firm behind Cromlix Hotel, which is located near the two-time Wimbledon champion’s hometown of Dunblane in Scotland, has posted a profit of £193,379 for the year to 31 March, 2025. The profit has been confirmed [...]
Sir Devonshire Square: A new hotel embodying the City’s spirit December 18, 2025 Sir Devonshire Square: A new hotel embodying the City’s spirit Devonshire Square sits at the meeting point of Shoreditch’s creative energy and the City’s commercial core. Just two minutes from Liverpool Street station, Britain’s busiest by footfall, it offers a unique blend of history and modern vibrancy. Its restaurants and bars, including Cinnamon Kitchen, KöD [...]
Business rates overhaul to hit Square Mile hotels as row continues December 18, 2025 Hotels in the Square Mile are set to be among the hardest-hit by the property revaluations which have sparked a clash between the hospitality sector and the government. The business rates overhaul, introduced in the November Budget, will see the property values that determine this tax more than double across leading hotels in the City [...]
Hotels ‘fighting to maintain profits’ as costs rise December 3, 2025 Britain’s hotels are struggling with rising costs despite increasing demand, according to the latest data. Profits were flat for UK hotels between September and October at just over 38 per cent, and fell slightly from 43.3 per cent to 43.1 per cent in London, according to the RSM hotels tracker. This was despite a rise [...]
Hôtel Dame des Arts: Literary legacy in this Parisian neighbourhood November 25, 2025 Saint-Germain-des-Prés was once Paris’ artistic beating heart and a notorious meeting point for writers, Carys Sharkey checks in to Hôtel Dame des Arts to see how its legacy lives on The neighbourhood: Saint-Germain-des-Prés There’s a scene early on in James Baldwin’s landmark 1956 novel Giovanni’s Room in which David, a young American living in Paris, [...]
‘I have no confidence in Rachel Reeves to turn things around’ November 24, 2025 The chief executive of a luxury hotel group in London has said he has “no confidence” in Chancellor Rachel Reeves ahead of her Budget later this week. Gavin Taylor, who leads Clermont Hotel Group, also branded Reeves as “not particularly business friendly” and that the Chancellor needs to lower the tax burden on companies in [...]