Reading Time: 2 minutesSpecialist lender Leumi UK has approved two loans totalling £11 million to hotel investor and operator 4C Group.
Reading Time: 6 minutesWhile not without controversy, Qatar’s hosting of the 2022 FIFA World Cup is a significant milestone on its journey to becoming a premier league tourism destination. IHM’s editorial team reports.
Reading Time: 3 minutesUK: New chancellor Jeremy Hunt has announced that the majority of measures in his predecessor Kwasi Kwarteng’s mini-budget will be scrapped.
Reading Time: < 1 minuteUK: Private investment company London & Regional Properties (L&R) has acquired a £165 million stake in Premier Inn owner Whitbread.
Reading Time: 2 minutesUS: The Breakers Hotel in Long Beach, California, is to be redeveloped by owners Pacific6, and will be branded as Fairmont The Breakers, Long Beach.
Reading Time: < 1 minuteUK: The Eden Hotel Collection has given its staff pay rises of up to 14 per cent in response to the rising cost-of-living crisis and recruitment challenges.
Reading Time: 2 minutesUS: Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, has named Wilson Turner as vice president of human resources programs and support.
Reading Time: 2 minutesItaly: Rosewood Hotels & Resorts has been selected to manage the Hotel Bauer in Venice.
Reading Time: 2 minutesUS: Choice Hotels International has entered into a definitive agreement to acquire the franchise business, operations and intellectual property of Radisson Hotel Group Americas for approximately $675 million.
Reading Time: 2 minutesUK: IHG Hotels & Resorts is marking the opening of its 6,000th hotel with significant additions to its reward program.
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