IHG: Holiday Inn owner posts rise in revenue driven by growth in Europe and Asia May 3, 2024 Holiday Inn owner InterContinental Hotels Group (IHG) has reported an increase in revenue as the tailwinds that turbocharged its profits last year roll over into 2024.
Travelodge owner looks to buy £40m of landlord hotels amid sale speculation April 28, 2024 The owners of Travelodge are reportedly mulling buying £40m of hotels from their landlords, fuelling speculation the business could be sold.
Record revenue at former BBC Dragons’ Den star Duncan Bannatyne’s health and hotels group April 25, 2024 The health club and hotels group owned by former BBC Dragons' Den investor Duncan Bannatyne has a record revenue and its highest profit since before the pandemic.
It’s not just the BT Tower: London’s property developers look to turn offices into hotels March 23, 2024 Over a quarter of office sales made in the year to March have been from buyers who wish to turn the buildings into hotels, offering a lifeline for London’s downtrodden commercial property market.
Numa launches first UK site in Bloomsbury as London’s hotel market picks up steam March 13, 2024 The group operates as a “fully digitalised hospitality platform” according to its website. It provides hotels, serviced apartments and hostels.