Hotel Owner
JULY 5, 2023
Four-star country house hotel and spa, Tre-Ysgawen Hall, has been sold to property development 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.
eHotelier
MAY 14, 2023
Dusit Hotels and Resorts under Dusit International, one of Thailand’s leading hotel and property development 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.
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Hotel Owner
JUNE 21, 2024
Andras House, Northern Ireland’s hospitality and property development 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.
Hotel Business
AUGUST 10, 2023
awarded six new agreements and added seven new properties to its domestic portfolio in the second quarter. This is the second Ascend property developed 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.
Hotel Management Network
OCTOBER 31, 2022
Marriott International has signed an agreement with property developers 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.
Hotel Management Network
OCTOBER 26, 2022
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 property developer Sun Hung Kai Properties (SHKP).
Serviced Apartments
OCTOBER 31, 2024
“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. Property developers will also be subject to higher rates of SDLT.
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