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Cynera Rodricks

130 posts
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  • 2 min

UK Hotel Operating Profits Drop to 22.3% Due to Rising Labour Costs and Flat Occupancy Rates in February

  • Cynera Rodricks
  • 31 March 2026
🏨 UK hotel operating profits have declined in February, with gross operating profits falling from 23.4% to 22.3% nationally and from 26.3% to 24.2% in London. National occupancy slightly increased to 71.9%, while London's dropped to 72.3%. Revenue per available room (RevPAR) remained steady at £128.54 in London, with a minor rise to £92.07 across the UK. Rising labor costs, impending National Minimum Wage increases, and energy costs pressure profitability.
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The Nici Group to Open Luxury Hotels in Newquay and Lymington by Summer 2026, Targeting UK Staycations

  • Cynera Rodricks
  • 31 March 2026
🏖 The Nici group plans two luxury coastal hotels opening in summer 2026: The Nici Newquay, converting Hotel Victoria into an 82-room clifftop hotel with spa and cinema, and The Nici New Forest in Lymington, transforming Elmers Court Hotel into a 118-bedroom retreat on 23 acres. Located 1 hour 45 minutes from London, both hotels feature wellness centers, dining, and fitness studios, targeting the UK staycation market. Founder Nicolas Roach emphasizes unique, enjoyable escapes.
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Edinburgh Leads UK Hotel Investment Market, London Rises to Second in Colliers 2026 Index with Key Transactions

  • Cynera Rodricks
  • 30 March 2026
🏨 Edinburgh retained its top UK hotel investment spot, with an 84.6% occupancy rate and ADR increase of 3.19% to £165. London climbed to second place, boasting the highest ADR at £194 and 81.2% occupancy. Key investments in 2025 included London's £245m Ministry of Justice acquisition and Edinburgh's W Hotel sale for over £100m. Edinburgh's development pipeline represents 9.5% of room supply. The 2026 index ranked Oxford, York, and Glasgow among the top 10 cities.
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Jane Pendlebury Marks 10 Years as HOSPA CEO, Achieving 95% Learner Success and Record HOSPACE Attendance

  • Cynera Rodricks
  • 30 March 2026
📅 Celebrating 10 years with CEO Jane Pendlebury, HOSPA has excelled since 2016. In 2020, it adapted to pandemic challenges by going digital. The association's learner success rate is 95%, with courses like Revenue Management for Meeting Space. Pendlebury led the 20th HOSPACE event to record attendance, focusing on finance, technology, and bridging software with service values. The association's growth underscores a shift to a value-driven approach in hospitality.
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Glenapp Castle to Launch The Nest, a Wellness-Led Luxury Suite, on July 1, 2026, Targeting International Markets

  • Cynera Rodricks
  • 27 March 2026
🏨 Glenapp Castle, located on Scotland’s southwest coast, will unveil The Nest, a new 60sqm suite, on 1 July 2026. The suite, part of an 1830s walled garden renovation, features wellness facilities and energy-efficient systems. Aimed at North American and European markets, it is projected to achieve 65% occupancy, increasing average stay duration from 2.2 to 2.7 nights. Under owners Paul and Poppy Szkiler, the hotel's revenue has increased sevenfold in the past decade.
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Whitbread to Develop 156-Bedroom Premier Inn in Limerick as Part of Opera Square Regeneration Project

  • Cynera Rodricks
  • 26 March 2026
🏨 Whitbread will acquire a site in Limerick's Opera Square for a 156-bedroom Premier Inn. The seven-story hotel will open after planning amendments and host around 60,000 guests yearly. Scheduled construction starts in 2027, with a 2025 basement completion. This expansion supports Whitbread's 5,000-room Ireland strategy and follows a 30% Irish room target increase. The hotel will create 30 permanent jobs, aligning with the Opera Square regeneration project. Planning applications are due by summer 2026.
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Minor Hotels Launches Colbert Collection to Integrate Independent Premium Hotels, Debuting in Italy by Spring 2026

  • Cynera Rodricks
  • 25 March 2026
📍 Minor Hotels plans to launch the Colbert Collection, a soft brand targeting independent premium hotels, in Italy by spring 2026. The initiative supports hotel individuality while leveraging the global systems of over 640 properties like Anantara and Avani. The brand's identity is influenced by European café culture, focusing on culinary and creative curation. Properties are planned for the UK, Spain, Austria, and the UAE, aligning with Minor Hotels' asset-light strategy for scalability.
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IHG Hotels and Resorts Expands European Portfolio by 27%, Adding 32,800 Rooms and Reaching 150,000 Open Rooms

  • Cynera Rodricks
  • 24 March 2026
🏨 IHG Hotels and Resorts expanded by 27% in Europe over three years, adding 32,800 rooms, reaching 150,000 open rooms by end of 2025. IHG opened 102 hotels and signed 117 properties in 2025, with conversions accounting for 84% of openings. Germany is a key market, holding 20% of the room count. European hotel investment hit €27bn (£23.3bn) in 2025. Holiday Inn represents over 60% of IHG's European estate, and the region now makes up 15% of IHG's global system.
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Marriott International to Introduce Series Brand in Europe with 11 Midscale Conversions in UK and Italy

  • Cynera Rodricks
  • 23 March 2026
📍 Marriott International plans to expand its Series by Marriott brand to Europe, signing 11 projects focusing on midscale conversions. In the UK, five properties will partner with Splendid Hospitality in London, including Earls Court and Kings Cross. In Italy, Marriott collaborates with Amapa Group to rebrand five properties and build a new hotel in Valmontone. This expansion targets the midscale segment to provide affordable accommodation, leveraging the company’s loyalty programme with 271 million members.
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NoMad Hotels Promotes Kristen Millar to Chief Brand Officer Amid Expansion into Asia and Detroit Markets

  • Cynera Rodricks
  • 20 March 2026
📄 Kristen Millar has been promoted to Chief Brand Officer at NoMad Hotels to oversee global design as the brand expands into Asia and Detroit. With 16 years in hospitality, Millar will guide creative direction, including the opening of NoMad Hilton Singapore later this year and NoMad Detroit in 2027. NoMad, part of Hilton’s luxury portfolio, is focusing on international growth while maintaining a cohesive brand identity. The London outpost opened in 2021.
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