Whitbread seeks to raise £1b through rights issue
Premier Inn owner Whitbread has announced its intention to raise £1b through a rights issue to ensure it emerges from the Covid-19 pandemic “with a strong balance sheet and in the best position possible”."
Dalata CEO sees 2021 as year of ‘rebuilding’
Dalata Hotel Group founder and chief executive Pat McCann has said he sees 2021 as the year of “rebuilding”. While he doesn’t expect 2019 levels of trading by 2022, he hopes the business could be “well on our way to[...]
Best Western GB signs record deal with Hallmark Hotels
Best Western has announced a deal with Hallmark Hotels that will bring 26 properties into the brand, representing the largest group deal in its 43-year history.
Bespoke’s Telegraph hotel appoints Amy Windsor as general manager
Bespoke Hotels has appointed Amy Windsor as general manager of its new four-star hotel in Coventry’s former Evening Telegraph offices, which is due to open later this year. "
Travelodge warns landlords of CVA
Hotel chain Travelodge has written to its landlords warning that the group will be forced to pursue a company voluntary agreement (CVA) if an agreement cannot be reached.
The view from China: how have hotels coped with lifting the lockdown?
As the first country to experience the lifting of the lockdown, China acts as a test case for the world. So how have hotels coped with the restrictions, from limiting the number of guests to wearing facemasks and cleaning bedrooms?[...]