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Investment in UK hotels hits lowest level since 2012

Hotel Owner

Around £2bn of UK hotel transactions were recorded in 2023, according to new data from Knight Frank, though investment levels hit their lowest level since 2012. Excluding the Covid-impacted year of 2020, investment levels were at their lowest since 2012. These investors accounted for over 70% of the total annual investment volume.

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The Haughmond Inn hits market for £1m

Hotel Owner

The Haughmond Inn, a multi-faceted hospitality business in the village of Upton Magna, has been brought to market by Colliers with a guide price of £1m. The site also includes parking spaces for 22 vehicles.

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Peppermill Town House Hotel hits market for £1.8m

Hotel Owner

A town centre hotel in Wiltshire, with a restaurant, function rooms and wine bar, is being brought to the market for £1.8m. The property, which was purchased by Philip and Amanda O’Shea in 2012, has been refurbished and upgraded in recent years, and has been brought to the market ahead of their retirement.

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Dubai hotel occupancy jumped during Diwali

Hospitality Net

Diwali celebrations helped Dubai’s hotel industry post its highest October occupancy level since 2012, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

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The Warkworth House Hotel hits the market for £1.8m

Hotel Owner

The Warkworth House Hotel in Northumberland has hit the market with an asking price £1.8m The Grade II Star listed hotel, which was originally built in the 1820s, features 14 en-suite bedrooms as well as a bar, restaurant and breakfast room.

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InterContinental London Park Lane hires new sales and marketing director

Hotel Owner

InterContinental London Park Lane has appointed Sarah Borges de Sousa as its new director of sales and marketing. She then went on to hold the title of director of sales and marketing at top hotels including Nobu Hotel London and South Place Hotel.

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Effectively Targeting and Marketing to Gen Z

Modern Restaurant Management

Marketing trends, mobile data insights show that Gen Z has a considerable appetite for restaurants, clean eating, fast-casual, and exciting twists on healthy dining options. The sheer market size of Gen Z and their discretionary spending dollars should make restaurants and food services businesses sit up and take notice.

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