Leonardo Hotels is to open its first UK hotel at Heathrow Airport, on the site of a former Holiday Inn, after agreeing a 25-year lease with the Standard Life Investments Pooled Pension Property Fund.
Best Western has introduced two new hotel brands in a move that minimises its traditional branding for the first time its 69-year history.
The demand for branded and luxury, lifestyle hotels is expected to help Marriott International reach 150,000 signed or opened bedrooms across Europe by 2020.
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.
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