Browse articles and news on purchasing and procurement in the hospitality industry.
 | Newswire
Welsh estate to become luxury hotel 17 Apr, 2012
The new owner of a 122-room mansion once dubbed the “Welsh Versailles” plans to turn it into a new luxury hotel. According to the North Wales Weekly News, the Grade II listed Kinmel Hall and its Grade I listed stables in St George near Abergele were bought earlier this year for $2.4 million by...More>>
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 | Newswire
Amsterdam steps up hotel investment 28 Mar, 2012
Amsterdam is looking to become a hotel investment hotspot in 2012 according to a report in International Business Times quoting international real estate consultancy Savills. More>>
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 | Newswire
Hotel La Tour opens in Birmingham, England 27 Mar, 2012
The 174-bedroom Hotel La Tour—the first in what is intended to be a group of five hotels within five years—has opened in Birmingham city center. Developed at a cost of $38 million, the hotel includes a restaurant and bar reportedly inspired by Marcus Wareing. Hotel La Tour has been built on a...More>>
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 | Newswire
Livingstone brothers snatch up Cliveden House Hotel for $47M 2 Feb, 2012
The Livingstone brothers have reportedly purchased the Cliveden House Hotel, formerly part of the Von Essen Group, for around $47 million. The 41-room hotel is set in the middle of the Berkshire countryside, surrounded by 376 acres of formal gardens and parkland with panoramic views over the River...More>>
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 | Newswire
Abu Dhabi off to promising 2012 3 Jan, 2012
The New Year is off to an impressive start for Abu Dhabi’s hotel scene, following a steady 2011. Hotel guests in the Emirate increased 16 percent in the first 11 months of the year, according to the Abu Dhabi Tourism Authority. The Emirate has also seen some notable hotel openings in the past few...More>>
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 | Newswire
Thomas Cook sale and NH Hoteles deal collapse impact Spain's hotel industry 14 Dec, 2011
Yesterday, beleaguered UK tour operator Thomas Cook sold a Spanish hotel and golf club business as part of a drive to slash debts that, the Evening Standard says, "threaten to engulf" the 170 year old company. Thomas Cook is selling its stake in Hoteles Y Clubs De Vacaciones—five hotels and golf...More>>
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 | Newswire
Richard Branson to open luxury camp in Kenya 13 Dec, 2011
The Associated Press is reporting that British billionaire Richard Branson is planning to open a luxury camp in a new reserve next to Kenya’s Masai Mara game reserve next year.
Branson, who traveled to the Masai Mara region last week, said he hoped the 15-tent luxury camp would be open in the...More>>
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 | Newswire
Eden Hotel Collection in England buys former Von Essen properties 6 Dec, 2011
The Eden Hotel Collection's recent purchase of the boutique Mount Somerset Hotel & Spa in England from the Von Essen group has "confirmed the company's position" as one of the UK's most important portfolios of privately owned country house hotels, according to CatererSearch.com. Last month, the...More>>
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 | Newswire
Patrizia acquires Motel One in Munich 30 Nov, 2011
PropertyEU is reporting that German property company Patrizia has acquired a Motel One hotel on Tegernseer Landstrasse in Munich for an undisclosed amount. The acquisition from Gecon Immobilien, a Büschl Group company, was carried out by Patrizia's institutional fund management KAG business for...More>>
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 | Newswire
TPS Eastern Africa purchases Movenpick property in Tanzania 28 Nov, 2011
Kenya's TPS Eastern Africa , operator of the Serena Hotels chain, has bought a five-star hotel in the Tanzanian capital Dar es Salaam. TPS said it had acquired the 230-room, five-star Royal Palm Hotel from Movenpick Hotels and Resorts, without disclosing the value of the transaction. the firm has...More>>
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