Radisson opens first Red-brand hotel in Turkey
The property includes a rooftop restaurant and bar, flexible meeting spaces, and an outdoor swimming pool
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Corina Duma
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Historic Smithfield annexe to be converted into food hall and hotel
The project borders the new London Museum and forms part of a broader strategy to modernise the Smithfield area and the Barbican Centre
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Hyatt to Open 50-Room Parian Chronicle Hotel on Paros, Greece, Marking Brand's Cyclades Debut This Summer
🗽 Hyatt plans to open the Parian Chronicle, a 50-room hotel, on Paros island this summer. This marks the debut of the Destination by Hyatt brand in the Cyclades. Located in Kampos, near Paros Airport and Parikia port, the hotel features low-density architecture with private terraces and pools. The design blends traditional Cycladic styles with modern elements. Amenities include a restaurant, spa, fitness center, and spaces for cultural events, highlighting storytelling and heritage.
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Leading Chefs and Hospitality Professionals Gather for Three-Day Culinary Competition Across the UK
🍳 Three days of intense culinary competition in the UK gathered top chefs and hospitality experts. The event featured a series of challenging tasks, showcasing diverse cooking skills and creativity. Participants from various regions of the UK demonstrated their expertise and passion in a test of culinary excellence.
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HotelREZ Appoints Frank Fuentes as Senior VP for Americas Amid 18.6% Revenue Growth and Global Expansion
🛑 Frank Fuentes has been appointed as senior vice president for the Americas at HotelREZ, following a 15-year tenure at InterContinental Hotels Group. HotelREZ reported an 18.6% year-on-year revenue growth, supporting over 2,500 independent hotels globally. The company’s portfolio includes about 222,500 rooms, with a 9.8% global RePAR improvement. Portfolio retention exceeds 90%. Fuentes will focus on expanding in North and Latin America amidst a rising investment climate.
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Regulatory Changes Target Housing Affordability and Sustainability in Market Overhaul by Authorities
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Hotel Owners Urged to Prioritize Sustainability Amid Middle East Conflict and Rising Energy Costs, Says Natalie Dunbar
📈 Amid Middle East conflicts destabilizing fuel markets, hotel owners face rising labor costs and thin margins, often sidelining sustainability. Energy inefficiencies cost the hospitality sector dearly, wasting 10-20% of energy and 1.1 million tonnes of food annually. Heating and cooling account for 70% of energy use, and lighting 8-18%. Compliance penalties in the UK range from £10k to £50k for failing energy standards. Investors now impose "Brown Discounts" on inefficient properties, impacting valuations and lending terms.
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Property Offers 13 Studios, 30 One-Bedroom, and Four Two-Bedroom Apartments for Accommodation
🏠 13 studios, 30 one-bedroom, and 4 two-bedroom apartments are available at the property.
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Kendal Highgate Apartments in Cumbria Listed for £549,500; Includes Two Self-Contained Luxury Holiday Units
🏡 Two luxury holiday apartments in Kendal, Cumbria, named Osprey Residence and Monterey Residence, are on sale for £549,500. Located on the main shopping street, each unit includes two bedrooms, a kitchen, a lounge, and a bathroom. The building offers central heating, soundproofing, and Wi-Fi. Managed by Christie and Co, the apartments benefit from strong demand due to their proximity to Lake District National Park, offering year-round appeal.
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Staycity Group Signs 20-Year Lease for New 222-Apartment Wilde Aparthotel in Berlin's Friedrichshain District
🏨 Dublin-based Staycity Group signed a 20-year lease for a new Wilde aparthotel at Brooks on East in Berlin, opening in 2027. The Friedrichshain district site will feature 222 apartments in two towers, near Ostbahnhof station and East Side Gallery. The project resumed in September 2024 after previous insolvency. Arrow Global and Red Square led negotiations. Staycity's strategic expansion targets high-footfall European urban locations appealing to business and leisure travelers.
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