Reading Time: < 1 minuteUK: Real estate investment and development company Martin Property Group has acquired the Virgin Hotel on 264 Clyde Street, Glasgow out of receivership for an undisclosed sum.
Reading Time: 21 minutesWorldwide: IHM’s editorial team (George Sell, editor-in-chief; Paul Stevens, editor – short-term rentals; and Eloise Hanson, editor – hospitality) provides a glimpse into 2025 trends for the travel, hospitality and real estate sectors.
Reading Time: < 1 minuteHungary: Ruby Hotels will open its first property in Hungary, located within the Corvin Palace department store in Budapest.
Reading Time: < 1 minuteSwitzerland: The five-star Park Gstaad is currently undergoing a refurbishment and will reopen under management of Four Seasons in 2026.
Reading Time: < 1 minuteItaly: The five-star collection Rocco Forte Hotels will open its second property in Milan in late summer 2025.
Reading Time: < 1 minuteUK: Five-star Mayfair hotel DUKES London is undergoing a refurbishment which involves closing the hotel to allow for “extensive renovations”.
Reading Time: < 1 minuteUS: Boutique collection Ace Hotel Group has appointed Chris Penn as its CEO.
Reading Time: 2 minutesUK: Data published by global real estate advisor Knight Frank shows that investment into UK hotels has increased by nearly 200 per cent YOY to £6.3 billion.
Reading Time: < 1 minuteUK: Luxury collection Hand Picked Hotels has cut staff hours across its portfolio due to fall in demand.
Reading Time: < 1 minuteEurope: Operator Cycas Hospitality has promoted Philip Steiner to chief operating officer for the UK, Ireland, Netherlands and Portugal.
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