Reading Time: 2 minutesUK: The “compact luxury” brand Z Hotels has secured a £15 million loan from OakNorth Bank to refinance an existing loan and construct new rooms at Z Piccadilly.
Reading Time: 2 minutesWorldwide: Hospitality brand Selina has secured an investment of up to $50 million from Global University Systems (GUS) as the company plans to lay off 350 full-time jobs by October.
Reading Time: < 1 minuteUK: The Retreat at Elcot Park, part of The Signet Collection, has launched nine residences for individual purchase.
Reading Time: < 1 minuteBHN editor Eloise Hanson checks in with Bram Van Der Hoek, CEO of Sircle Collection, to find out what the best piece of advice Bram has received, his top three bucket list items, and his music preferences – with a nod to Harry Styles. They also discuss the launch of new brands Sircle Hotels and Aterre, the future growth of boutique hotels, and plans for future expansion.
Reading Time: < 1 minuteUK: The four-star Lion Hotel, located in Criccieth, Gwynedd in North Wales, is up for sale at a reduced price of £1,800,000 marketed by business property adviser Christie & Co.
Reading Time: 2 minutesItaly: Hyatt has entered into a franchise agreement with Botteghe Oscure s.r.l., a company affiliated with AG Group s.r.l., to open the first Thompson property in Italy with a site in Rome.
Reading Time: < 1 minuteUK: Luxury lifestyle hotel The Twenty Two, located in Mayfair, London, has appointed Michelle Walder as its managing director, effective 3 July 2023.
Reading Time: 2 minutesUK: Steve Cassidy, managing director for the UK and Ireland at Hilton, has taken over from Steve Richards, the CEO of Parkdean Resorts, as chair of industry trade body UKHospitality.
Reading Time: < 1 minuteUK: Hospitality group Chestnut has opened seven lodges at The Weeping Willow in Barrow, Suffolk.
Reading Time: < 1 minuteUK: Property consultancy Knight Frank has been appointed to sell the Wyndham Trenython Manor Hotel, a historic manor house hotel and resort in south Cornwall, for offers in excess of £2,750,000.
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