Four Seasons is to develop a collection of private residences on Shura Island in partnership with Red Sea Global, as part of Saudi Arabia’s Red Sea tourism project. The development, called Four Seasons Private Residences Red Sea at Shura Island, will comprise 75 homes – 43 Dune Villas and 32 Waterside Villas – situated between […]
The Inn Collection Group has secured £125m in finance from HSBC to increase its portfolio through the acquisition of leisure sites across the country. With the HSBC UK funding, The Inn Collection Group has plans to grow its footprint to more than 40 locations over the next 5 years. After reporting turnover of £83.9m in […]
The Hampton Hotel on Corstorphine Road, in Edinburgh, has officially been sold to Scotsman Group for an undisclosed sum. Located opposite Murrayfield Stadium, the Georgian townhouse includes a pub-restaurant and six en-suite letting rooms. It has been a longstanding favourite among locals, sports fans and visitors. The property was previously owned by brewer and pub […]
Scottish hospitality group Buzzworks has appointed Maurissa Fergusson as property director as the business prepares to expand into rooms and accommodation. Fergusson joins the senior leadership team with more than 25 years’ experience in the property and real estate sector, covering commercial, retail and hospitality projects. She previously held senior roles at Scotmid, where she […]
HIT Scotland has launched a series of executive and leadership development programmes to support senior professionals in the hospitality sector. The announcement was made at Mar Hall near Glasgow, attended by more than 100 industry representatives. The programmes are intended to provide training in areas including strategic leadership, artificial intelligence, cyber security, finance, marketing and […]
PPHE has welcomed strong quarterly results, as group revenue rose 5.2% to £155.9m in the third quarter, up from £148.2m the prior year. On a like-for-like basis, revenues increased 4.9% to £154.7m. Meanwhile, reported occupancy improved to 80.2%, compared with 79.5% in the same period last year, and like-for-like occupancy rose to 80.8%. Revenue per […]
Massive Surge in Hotel Bookings for Oasis Concerts in Australia and South America – Image Credit Unsplash+
Hotel occupancy rates in Sydney, Melbourne, and Buenos Aires are surging above 70% due to the Oasis Live ’25 tour.
Forward bookings in São Paulo show a significant 32.7% increase compared to last year.
The […]
Rendering of Four Seasons Private Residences Red Sea at Shura Island – Image Credit Four Seasons Hotels Four Seasons, in partnership with Red Sea Global, plans to develop 75 private residences on Shura Island, part of the Red Sea tourism project in Saudi Arabia. Four Seasons has announced a collaboration with Red Sea Global to […]
Daiwa Roynet Hotel Nishi-Shinjuku – Image Credit Daiwa Roynet Weekly Hotel Industry Asia Pacific News Roundup from HVS Daiwa House REIT to Acquire Daiwa Roynet Hotel Nishi-Shinjuku for JPY10.174 Billion, Japan Japan-based Daiwa House REIT Investment Corporation (“Daiwa House REIT”), a real estate investment trust sponsored by Daiwa House Industry, is set to acquire the […]
Barceló Conil Playa – Image Credit Barceló Hotels A summary of European hotel transactions provided by HVS Grupotel acquires Barceló Conil Playa in Spain from Wingenia Spanish owner-operator Grupotel has acquired the four-star, 210-room Barceló Conil Playa in Conil de la Frontera, Spain from Spanish asset management company Wingenia. The beachfront property is situated in […]
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