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Four-star country house hotel and spa, Tre-Ysgawen Hall, has been sold to propertydevelopment company K2RE for an undisclosed amount to be relaunched into the hospitality market. The hotel and spa cater for both local clientele and as a tourist destination for international and domestic travellers.
Dusit Hotels and Resorts under Dusit International, one of Thailand’s leading hotel and propertydevelopment companies, is set to expand its global and domestic footprint by opening three hotels within the next 30 days – including two new properties in Bangkok and its first hotel in Japan.
awarded six new agreements and added seven new properties to its domestic portfolio in the second quarter. This is the second Ascend propertydeveloped by S&L Hospitality , joining The Harborview in Port Washington, WI, and the sixth Choice property under management by the group. Black Bear Inn in Orono, ME.
Andras House, Northern Ireland’s hospitality and propertydevelopment company, has secured a £7m funding from Ulster Bank for its new 83-bedroom Marcus Hotel Portrush. Construction on the new hotel is continuing at pace and is expected to complete in 2025 in time for the The Open, which returns to Royal Portrush next year.
Marriott International has signed an agreement with propertydevelopers Pelligra Group and Giannarelli Group to develop Australia’s third Ritz-Carlton hotel. Slated to open in 2026, the new property will be located in the Mariner’s Cove at the northern end of the Gold Coast.
Four Seasons Hotels and Resorts has revealed plans to develop a new property in Suzhou, China. The new hotel, Four Seasons Hotel Suzhou, will be developed in partnership with propertydeveloper Sun Hung Kai Properties (SHKP).
Depending where you are located, if you’re welcoming both domestic and international travellers or cater to both business and leisure guests, your guest data can provide you with the insight you need to drive your property’s success.
“The government’s desires to attract private investment, both domestic and international, to the UK is welcomed by the ARL. However, a SDLT surcharge hike from three per cent to five per cent for companies and second-property buyers may dampen demand. Propertydevelopers will also be subject to higher rates of SDLT.
Do you know the percentage breakdown of guests in your hotel, between domestic travellers and international travellers? Transform your Hotel's data strategy Harness the potential of your hotel's data and redefine your revenue management approach with SiteMinder’s platform. Learn more How do you collect hotel data?
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