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Category: Travel

GMH invests in Private Selection Hotels ahead of expansion

Grand Metropolitan Hotels (GMH) has announced an investment in Private Selection Hotels and Tours (PSH) to secure a 51% majority stake preparing the luxury and boutique hotel portfolio for international expansion as a strategic partner to the Swiss Hospitality Collection. Following a long-established cooperation, PSH will retain its content and personnel autonomy. As part of […]
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Hyatt posts $3m loss in Q2 despite strong fee growth

Hyatt has reported a loss of $3m (£2.23m) for the second quarter of 2025, despite strong fee growth and continued expansion across its global hotel portfolio.  While adjusted net income reached $66m (£49m) for the period, adjusted EBITDA stood at $303m (£225m) – spelling a 1.1% fall from a year earlier but up 9% when […]
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The Rutland Arms Hotel brought to market

The Rutland Arms Hotel, a Grade II-listed former hotel in Newmarket, has been brought to market with full planning permission to redevelop it into a 72-bedroom boutique hotel. The four-storey red brick building on the town’s high street is being jointly marketed by property adviser Christie and Co and local commercial agents Cheffins. The property, […]
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IHG UK RevPAR dips slightly in H1

IHG has reported a 0.8% fall in UK revenue per available room (RevPAR) for the six months to 30 June 2025, trailing performance in other regions. However, group revenue was up 8% to $2.51bn (£1.87bn), while operating profit grew 13% to $604m (£449.3m). Global RevPAR increased by 1.8%, led by a 4.1% rise in the […]
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Aberdeen to introduce Visitor Levy

Aberdeen City Council has announced that it has approved the introduction of a 7% Visitor Levy. A report to committee said the earliest date that Aberdeen City Council could introduce a visitor levy is 1 April 2027. With the average price of a room in Aberdeen currently sitting at £70 this would mean visitors could […]
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