Corina Duma - 10 Minutes News for Hoteliers - Page 21

2 min

Hospitality jobs account for 53% of post-Budget losses, UKH finds

📈 UK, since October: Hospitality sector faced 88,964 job losses, making up 53% of the UK's total 164,641 job losses. This is over thrice the 50,000 predicted by the OBR due to National Insurance Contribution (NICs) changes. Hospitality job loss rate at 4.1% (1 in 25 roles) is seven times higher than the national average. UKHospitality urges government intervention in the upcoming Budget to alleviate this impact by adjusting NICs, VAT, and business rates.

2 min

Hard Days Night Hotel reopens restaurant following £87k revamp

🎵 Hard Days Night Hotel in Liverpool reopened its restaurant as North Sixty4 after an £87k refurbishment. Located on North John Street, it’s the first major update since 2008. The 98-cover venue led by Liam Baker-Bellew celebrates Liverpool's cultural history, including tributes to the Beatles. Renovations feature new lighting, tables, and decor. The menu, crafted by Jack Moss, offers grill dishes, pasta, and British staples. The redesign aims to combine casual dining with fine dining elements.

2 min

OYO’s Sunday Hotel to double UK estate to 50 sites by end of 2026

🏨 Sunday Hotel aims to double its UK four-star and five-star hotels by 2026. Currently with 20 locations, including London, Cardiff, and Liverpool, it debuted in 2024. The expansion strategy involves management contracts that promise a 25%-30% revenue boost and up to 40% cost reduction. Puneet Yadav highlights their commitment to the UK market. Sunday's international presence began in August 2024, now also in Southeast Asia and the Middle East. Recent UK additions include properties in Cardiff and Warwick.

2 min

Radisson debuts first Individuals-branded hotel in Malta

🏨 Radisson Individuals opened its first hotel in Malta at Cavalieri Art Hotel, Saint Julian’s, featuring 254 rooms, suites, three dining venues, pools, a spa, and event facilities. Located at Balluta Bay, it offers modern interiors, bay views, and access to local attractions. Dining includes Baco Noir, Ottocento, and Pommarola. Joep Peeters and Mark Camilleri highlight the hotel as part of Radisson's expansion in Europe, emphasizing distinctive guest experiences.

2 min

Travelodge H1 revenues slide 3.2% to £471.3m amid softer demand

🏨 Travelodge's revenue fell by 3.2% to £471.3m for the six months to June 30 due to softer demand in Greater London and industry-wide cost pressures, including a £20m hit from inflation. First-half group EBITDA dropped to £47.3m from £82.1m in 2024. Despite challenges, occupancy exceeded 82%, and the Spanish arm's revenue and EBITDA rose by over 30%. Travelodge opened 11 UK hotels in 2025, with nine more expected. Group cash stood at £152.5m.

1 min

Palladium backs €90m investment in Ibiza’s luxury tourism

🏨 Palladium Hotel Group has invested €90m in three projects in Playa d’en Bossa, Ibiza, to enhance its luxury status. By the end of 2026, two hotels and a cultural venue will be operational. Site Hotel Ibiza opens next season, offering a unique luxury experience. In April, Unexpected Ibiza Hotel launched with 181 rooms and Europe's first Hell’s Kitchen, in collaboration with Gordon Ramsay. June saw the opening of Ibiza Gallery, a 4,800 m² space with 20 boutiques and art exhibits.

1 min

Brown’s Hotel appoints new head chef of Charlie’s

🍳 Tommaso Bizzocchi has been promoted to head chef at Brown’s Hotel’s flagship restaurant, Charlie’s, located in Mayfair. He joined the hotel in 2023 and will now lead kitchen operations and menu development, working with executive chef Andrew Sawyer and chef director Adam Byatt. Bizzocchi, originally from Pesaro, Italy, previously managed over 50 chefs and has experience in top London restaurants. His appointment emphasizes Brown's commitment to seasonal, sustainable, and ingredient-focused cooking.

2 min

Soho House agrees $2.7bn take-private deal led by MCR Hotels

💰 Soho House and Co will go private in a $2.7 billion (£2.1 billion) deal led by MCR Hotels, removing its shares from the New York Stock Exchange. Shareholders will receive $9 (£6.66) per share, an 83% premium. MCR’s Tyler Morse becomes vice chairman. Ron Burkle and others retain majority stakes. The deal, backed by Apollo and Ashton Kutcher among others, is expected to close by the end of 2025, with regulatory approval pending. Soho House saw a 50% EBITDA increase from 2022 to 2024.

2 min

Radisson RED opens Oslo hotel with verified net zero status

🏨 Radisson RED Oslo City Centre, launched in central Oslo, Norway, is one of the first two hotels in the world to achieve verified net zero status, certified by TÜV Rheinland. The 118-room hotel, dating back to 1939, is powered by renewable energy and features eco-friendly practices like low-carbon menus and plastic-free amenities. Part of Radisson's goal to reach net zero by 2050, it partners with Klimato and Too Good To Go for sustainability efforts.

2 min

Arora acquires QAM office block from Landsec in £245m deal

🏢 Landsec sells Queen Anne’s Mansions in central London to Arora Group for £245m, expected to complete in December 2025. Developed in the 1970s, the fully let lease expires in December 2028. The sale helps Landsec's target of releasing £2bn by 2030. Proceeds, received as a lump sum in 2025, affect EPRA earnings, reducing by £7m in 2026 and £15m in 2027. Landsec's loan-to-value ratio drops by 1.3% to 37.1%. Disposals since March total around £500m.

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