Corina Duma - 10 Minutes News for Hoteliers - Page 4

Radisson Hotel Group Launches First Prize by Radisson in Poland with 125-Room Gdańsk Property

🏨 Prize by Radisson opened its first Polish hotel on Żabi Kruk Street, Gdańsk, featuring 125 rooms just 300 meters from the Motława River. This marks Radisson Hotel Group's entrance into the Polish midscale market. The hotel's design includes a social hub with a combined lobby, restaurant, and bar. Radisson plans further expansion in Europe, with over 20 properties underway, including future sites in Wrocław and Berlin. The Osnabrück location opened in late 2025.

2 min

Líbere Hospitality Group Reports 65% Revenue Increase to €7m in Q1 2026 Amid European Expansion

📈 Líbere Hospitality Group's Q1 2026 revenue soared 65% to €7m (£6.04m). By March, they expanded to 1,061 units, a 76% increase from 602 units in March 2025. Entering the UK, France, and Italy drove growth, with Liverpool being a key acquisition. They maintained an 80% occupancy rate and aim to reach 1,764 units by year-end. Their digital platform ensures efficiency, and new projects include a flex living project in Madrid.

1 min

Leaf Hospitality Expands Leadership Team with New COO and Group People Manager Amid Hotel Management Growth

📈 Ben Underwood and Emma Hamilton-Hewitt have been promoted at Leaf Hospitality as of 2023. Underwood, joining in 2025, is now COO overseeing operations and commercial functions. Hamilton-Hewitt, with the company since 2018, is the new group people and culture manager. Leaf Hospitality is expanding, with a 144-bedroom Hampton by Hilton hotel set to open in Wigan by 2027. These changes aim to support strategic growth led by founder Richard Farrar.

1 min

Tokyu Hotels Rebrands Kawasaki King Skyfront Tokyu REI as The Hotel Well-hub Haneda, Opening 6 July Near Haneda Airport

🏨 Tokyu Hotels and Resorts will open The Hotel Well-hub Haneda on 6 July, rebranding the Kawasaki King Skyfront Tokyu REI Hotel near Haneda Airport. Originally opened in 2018, the hotel aims to cater to international visitors by offering experience-driven stays rather than traditional transit services. Tokyu Corporation and Tokyu Hotels and Resorts will manage the transition, emphasizing engagement through local events and cultural experiences to attract tourists. The reopening follows pandemic disruptions in international services.

2 min

Hyatt Reports 5.4% RevPAR Growth and 5% Net Rooms Increase in Q1 2026, Net Income Reaches $38 Million

🏨 Hyatt Hotels, in Q1 2026, reported a 5.4% increase in RevPAR and 5% net room growth. The Chicago-based company expanded its pipeline by 9.4% to 151,000 rooms. Their net income was $38m (£28m), and adjusted EBITDA rose 2.1% to $266m (£196.5m). Gross fees increased 8.6% to £333m, despite a 50 basis point RevPAR decline due to Middle East conflicts. Hyatt opened 3,966 rooms, including new hotels in Lisbon, Shanghai, and Brooklyn.

1 min

Aykley Group Opens £2.3m Boutique Aparthotel with Four Themed Suites in Durham City Centre

🏨 Aykley Group opens a £2.3m boutique aparthotel in Durham's city centre, featuring four themed suites: Marrakesh, Peking, Andorra, and Pioneer. The project involved a £815k acquisition and a £1.5m refurbishment of a former Court Inn site. The ground floor will host The Court, a restaurant and bar managed by local operators. Imad Ali, CEO, emphasizes the unique luxury experience and the group's commitment to Durham's growth as a destination.

2 min

Bank of England Holds Interest Rates at 3.75% Amid Rising UK Inflation and Middle East Conflict Impact

📈 BoE holds interest rates at 3.75% on April 30 despite Middle East conflict. The decision, voted 8-1, comes amid rising energy costs. Inflation rose to 3.3% in March, up from 3% in February. Fuel prices surged, with petrol at 140.2p/litre and diesel at 158.7p/litre. BoE predicts further energy-related inflation impacts. The bank emphasizes monitoring to prevent prolonged inflation, aiming to stabilize at target levels.

2 min

Ennismore, Accor, and InterGlobe to Launch The Hoxton Bengaluru, First Indian Location, Opening November 2023

🏨 Ennismore, in partnership with Accor India and InterGlobe Hotels, will open The Hoxton in Bengaluru City, India, in November. The hotel on Richmond Road will feature 149 guestrooms and suites, a lobby restaurant and bar, and a rooftop Italian restaurant. For business, The Apartment will offer meeting spaces for up to 240 people. This opening is part of a plan to reach 300 hotels in India by 2030. The Hoxton brand began in London in 2006.

2 min

PPHE Hotel Group Reports 8% Revenue Increase to £83.8m in Q1 2026, Driven by London Demand

📈 PPHE Hotel Group's Q1 2026 revenue rose 8% to £83.8m, driven by London's performance. RePAR increased 4.9% to £100, with room rates up 4.6% to £142.90. The group faced challenges in the Netherlands due to a January VAT rise. PPHE plans to sell a New York site for $33.5m (£24.8m) and acquire Park Plaza London Waterloo for £147.9m. In Italy, it refinanced Art’otel Rome's loan for €27.6m (£24m). Board expects performance to meet market expectations.

1 min

Greene King to Sell 13 Venture Hotels in Midlands and South England for Strategic Reinvestment

🏨 Greene King is selling around 13 Venture Hotels-branded properties across the Midlands and south of England. These hotels, including Ye Olde Talbot in Worcester, offer 420 rooms combined. The group operates 2,700 sites in the UK, including 100 hotels. This move follows the abandoned sale of 39 hotels to RedCat Hospitality for £90 million in June last year. Properties will be marketed individually with Savills to reinvest in core estate priorities.

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