News

UK hoteliers focus on driving room rates

Occupancy rates in London have reached a plateau, and hoteliers are now focusing on driving up room rates, according to statistics from consultancy TRI Hospitality. Its latest HotStats survey has reported a marginal decline in occupancy levels during November as attention turned to room rates.Occu...

Bollywood star brings UK a nationwide chain of Indian restaurants

A new nationwide Indian restaurant chain is to be launched next year in an attempt to bring branding to the staunchly independent sector.The chain of restaurants will be named Asha, after Bollywood star Asha Bhosle, who already operates two restaurants under the name in Dubai and Kuwait. Scott Rus...

Cendant aims for 150 hotels in UK by 2006

US hotel giant Cendant is on track to secure 150 hotels in the UK by the end of 2005, according to the firm's vice-president of international strategy and development, Michael Schiff. Schiff told Caterer at the International Hotel Conference in Monte Carlo, Monaco, this week that with the US marke...

First Irish hotel for Golden Tulip UK

Hotel operator Golden Tulip UK has added a first location in Ireland to its growing Tulip Inn chain. The company has acquired a 25-year lease on a two-acre site at the entrance to the Airside Retail and Business Park near Dublin Airport. A 155-bedroom hotel, the largest to date for Golden Tulip UK...

UK hotels 'show only modest increases', says PKF

Room rates and occupancy at UK hotels increased substantially during July, but the figures are still only slightly up on those of two years ago, consultants PKF said today. Regional hotels saw room rates increase by 4.7% to £64.29, occupancy up by 2.3% to 77%, and revenue per available room (revpar)...

UK hotel sector set for sharp recovery

Britain's hotel industry is set to bounce back to pre-2001 levels by the end of next year, according to the latest forecast from TRI Hospitality Consulting. Revenue per available room (revpar) is expected to reach £54.23 in 2005, compared with £52.01 in 2000, across TRI's sample of chain hotels. T...

UK hotel industry still growing, but at slower pace

The pace of growth in the UK hotel industry slowed during June, but the figures are still ahead of last year. Occupancy across the country rose by 2.2 percentage points to 77.1%, while room rate was up by 5.1% to £72.68. The increases combined to produce revenue per available room (revpar) up by 8...

UK revpar up by 10% in first half of 2004

The UK hotel industry was the strongest in Europe in the first half of 2004, according to consultant Deloitte’s latest HotelBenchmark survey. Revenue per available room (revpar) rates rose by £5 to £60, a 10% increase on the same period in 2003. London led the way as occupancy levels rose by 5% an...

Kerzner International plans three casino and hotel resorts in UK

Bahamas-based hotel, resort and casino operator Kerzner International is poised to develop casino and hotel resorts in London, Glasgow and Manchester when the UK gambling laws are updated. The three projects, which will cost a combined $1b (more than £534m), will be completed during 2007 as long a...

GuestInvest plans 30 more timeshare hotels across the UK

GuestInvest plans to spend £300m over the next 18 months to expand its buy-to-let hotel scheme to 30 new properties following the success of its first timeshare hotel in London. GuestInvest has received more than 10,000 enquiries from investors in the UK and abroad since it put up for sale 20 bedr...

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