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Scandic lays off 7,000 workers amid Coronavirus spread (SE)
Scandic lays off 7,000 workers amid Coronavirus spread (SE)

Since the coronavirus began to spread, occupancy at the Scandic hotels group has fallen significantly and was 10 to 15% in the previous week. The company is now planning for a situation ...

Ireland’s hotel sector could have a key role to play in managing this Covid-19
Ireland’s hotel sector could have a key role to play in managing this Covid-19

Ireland’s hotel industry could have a real & important role to play in the management of the Covid-19 crisis. This is the view of leading property consultants, Savills Ireland, who say that ...

AccorInvest takes over Orbis for €1.06bn
AccorInvest takes over Orbis for €1.06bn

Accor has completed the sale of an 85.8% stake in Orbis to AccorInvest for an amount of €1.06bn. In this very same week, the Group has also completed the sale of Mövenpick ...

City of Edinburgh green-lights Haymarket hotel scheme (GB)
City of Edinburgh green-lights Haymarket hotel scheme (GB)

The City of Edinburgh Council has given the green light to proposals for a new hotel and hotel school at Haymarket. M&G Real Estate is funding the €392.6m (£350m) development of a ...

IHG opens second Hotel Indigo in Madrid (ES)
IHG opens second Hotel Indigo in Madrid (ES)

IHG®, one of the world’s leading hotel companies, today announces the opening of Hotel Indigo® Madrid Princesa. Within walking distance of one of Madrid’s main shopping ...

Radisson grows its French portfolio
Radisson grows its French portfolio

Radisson Hotel Group is proud to announce that Cour des Loges hotel in Vieux-Lyon, a UNESCO World Heritage-listed district, will join Radisson Collection. The latest signing brings the Group’s ...

Radisson RED debuts in Germany
Radisson RED debuts in Germany

Radisson Hotel Group has signed its first Radisson RED hotel in Germany with developer GERCHGROUP. The new Radisson RED Cologne will be located in a central city location, just a stone's ...

Cola Holdings to sell €1bn Mayfair hotel & retail portfolio (GB)
Cola Holdings to sell €1bn Mayfair hotel & retail portfolio (GB)

Cola Holdings, the owner of The Westbury Hotel, has instructed Savills to seek substantial offers for their outstanding freehold luxury investment portfolio in Mayfair. Comprising the 225 ...

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