Corina Duma - 10 Minutes News for Hoteliers - Page 14

2 min

Octant Hotels Celebrates Four Years with Over 750,000 Guests and Expansions in Algarve Properties

🏨 Octant Hotels, in four years, welcomed over 750,000 guests across 365,763 room nights. Visitors from 179 nationalities frequent its sites, with key markets in the US, UK, and Portugal. Guests aged 36-50 account for 25%, and 51-65 for 20%. Average stays are two nights, making up 39% of bookings. The Algarve properties are expanding; Praia Verde adds suites and a spa, while Vila Monte introduces a new restaurant and accommodations. Octant Latitude 2025 and Octant Douro festival showcased cultural offerings.

2 min

Octant Hotels Welcomes 750,000 Guests in Four Years, Expands Properties in Algarve with New Spa and Suites

🏨 Octant Hotels, a Portuguese group, celebrates 4 years with over 750,000 guests and 365,763 room nights from 179 nationalities. The U.S., UK, and Portugal are key markets. Guests aged 36-50 account for 25%, and those 51-65 make up 20%. The average stay is two nights, representing 39% of bookings. Expansions include a new spa and suites at Octant Praia Verde and new accommodation at Octant Vila Monte. The Octant Douro festival launched in October 2025.

1 min

The Rathbone in Fitzrovia Undergoes $72 Million Refurbishment, Set to Complete by Autumn 2026

📍 The Rathbone in Fitzrovia is undergoing a phased refurbishment of its guestrooms, suites, and public areas to enhance its residential character. The first phase, focusing on 72 rooms, is 75% complete and will be finished by summer 2026. The second phase includes lobby, reception, breakfast room, and Albert’s Bar renovations, ending in autumn 2026. Owned by Carnarvon Hotels and led by CEO Daniel Harris, the project emphasizes a contemporary British aesthetic.

1 min

The Mour Hotel Near Nottingham Listed for Sale by Begbies Traynor Administrators for £6 Million

🏨 Mour Hotel, located near Nottingham, is for sale at £6 million. The boutique hotel features 92 ensuite rooms, a bar, restaurant, fitness suite, and facilities for 150 guests. Administrators Begbies Traynor set a bidding deadline for 22 May. Christie and Co suggests potential brand introduction to boost business. The hotel, near Junction 27 of the M1, offers an outdoor terrace and private parking, with ongoing interest from buyers.

2 min

Chef Jason Atherton to Open New Restaurant 'Marias' at Principessa Forte dei Marmi Hotel This Summer

\uD83C\uDF78 Chef Jason Atherton, with two Michelin stars, plans to open Marias at Principessa Forte dei Marmi this summer. Located at the Autograph Collection boutique hotel, the 36-room site will feature a seafood-focused menu led by Executive Chef Giorgio Cicero. Ingredients will be sourced daily from Livorno market, with dishes cooked over wood fires. The restaurant aims to become a social hub with its poolside, shoreline access. A second fine dining concept is expected later this year.

UK Government's Proposed Holiday Tax Bill Faces Backlash for Potential £1.6bn Tax Increase and Job Losses

🛑 In the UK, a proposed holiday tax could raise the cost of a two-week family holiday by £100, amid a cost-of-living crisis. Announced in the King's Speech on May 13, the policy reverses previous government statements. UKHospitality and HOSPA warn it could lead to a £1.6bn tax increase, cost 33,000 jobs, and reduce GDP by £2.2bn. A public poll shows 56% oppose the tax. Concerns include tourism spending cuts and complexities in tax implementation.

Thwaites Completes £1.2 Million Renovation at The Royal Oak, Keswick, Enhancing 18 Bedrooms for Summer Events

🏨 Thwaites completed a £1.2m renovation of The Royal Oak in Keswick, enhancing its 18th-century charm and updating 18 bedrooms and bathrooms. Reopened ahead of the Lake District's summer events, it features local cuisine and open fires. Located near Derwentwater, it's central for Keswick Mountain Festival (15-17 May) and other events like the Keswick Beer Festival. Rick Bailey highlighted the project’s aim to modernize while preserving the inn's character.

1 min

Hyatt Names Adam Rohman as New Head of Americas, Succeeding Pete Sears Effective July 1

🏨 Adam Rohman will become Hyatt's head of Americas on July 1, succeeding Pete Sears, who retires after nearly 40 years. Rohman, currently SVP of investor relations and finance, will oversee operations in the Americas, including hotels in classics, essentials, and luxury portfolios. Sears will assist through the transition post-June 30. Hyatt is seeking Rohman's successor. CEO Mark Hoplamazian praises Rohman's strategic leadership and deep business understanding.

2 min

Bob W Reduces Emissions Per Guest Night by 31% in 2025, Achieves 69% Lower Carbon Emissions Than Average European Hotel

📈 In 2025, Bob W expanded by opening 10 new European locations, achieving a 69% reduction in carbon emissions per guest night compared to Europe’s average. Total emissions decreased by over 9%, and emissions per guest night fell 31%. A typical Bob W stay emits 3.78 kg CO₂e per night versus 12 kg CO₂e in typical European hotels. Since 2021, they’ve offset 1,979 tCO₂e through carbon credits. Bob W manages 100+ assets with an average stay of 2.68 nights.

UK Economic Growth Forecast for 2026 Revised Down to 0.8% Amid Global Energy Disruptions and Rising Inflation

💰 UK economy growth forecast for 2026 is revised to 0.8% from 1.3%, due to global energy supply disruptions. Consumer spending is expected to grow only by 0.3%, down from 0.9%. Inflation is projected to exceed 4% by December, and unemployment may rise to 5.8% by end of 2026. The Bank of England will maintain interest rates at 3.75%. Energy prices could reduce output by £30bn, impacting sectors like steel and chemicals.

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