The sharing economy has led to the expansion of the travel market and will not dramatically affect hotels, according to Airbnb head of global hospitality and strategy Chip Conley.
Italian coffee group Ca’puccino is to open its sixth UK site, in London’s Tottenham Court Road, in mid-March, amid wider international expansion plans for the business.
The official opening of Hotel Football Old Trafford got off to a spectacular start on Saturday with more than 3,000 people pouring through the doors before and after Manchester United’s home win against Sunderland.
Funds managed by Oaktree Capital Management and the Serviced Apartment Company (SACO) have announced plans to merge their serviced apartment interests to create a new £60m business.
Restaurant group Giraffe is to open a new site at London Stansted Airport as part of the terminal’s re-development of its retail and food and beverage offer.
The London-based Shoryu Ramen Restaurant Group is to launch its fourth location, in the Broadgate Circle Development near Liverpool Street, in April.
The 140-bedroom DoubleTree by Hilton Hotel and Spa Chester has been acquired for an undisclosed sum by investment group MCAP Global Finance from Sanguine Hospitality and funds managed by Downing.
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