Cynera Rodricks - 10 Minutes News for Hoteliers - Page 3

2 min

Beach Barefoot Hospitality Acquires The Cottage Hotel in Hope Cove, Devon, in Multimillion-Pound Deal

🏨 The Cottage Hotel near Salcombe was sold to Beach Barefoot Hospitality in a multimillion-pound deal. The 45-bedroom hotel, owned by the Ireland family for over 50 years, had a guide price of £8m. The deal includes a staff house and two luxury apartments. Plans are underway to transform it into a luxury waterfront venue. Simon Stevens Associates and Charles Darrow facilitated the off-market sale, with funding arranged by Sirius Finance.

2 min

Hotels Losing Up to 20% Room Revenue Due to High OTA Commissions and Booking Channel Inefficiencies, Study Finds

💸 Hotels in the UK and Ireland are losing up to 20% of room revenues due to high OTA commissions, rate discrepancies, and distribution gaps, according to Net Affinity and Smarthotel. OTA commissions range from 15% to 25%, impacting revenue. Changing guest behavior includes shorter stays and last-minute bookings. Mobile’s importance is growing in the booking process. Hotels should review online booking journeys and channel setups to reduce revenue leakage and enhance direct bookings.

4 min

Lawrence Kenwright Disqualified as Company Director for Five Years After £4.8m Investor Losses in Signature Works Gold

📉 Lawrence Kenwright, founder of Liverpool's Signature Group, disqualified from being a company director for five years starting August 18, 2026, after investors lost over £4.8 million. The Insolvency Service found false marketing by Signature Works Gold Limited, indicating investors would have property rights, which they did not. The company, operational since January 2017, ceased investor returns in September 2019 and was liquidated in December 2022 with liabilities of £4.85 million and assets below £100,000.

2 min

Manorview Group Appoints Darren Scott as Operations Director Amidst Strategic Restructuring and Growth Plans

📄 Darren Scott has been appointed as the new operations director for Manorview Group as of August 2026. Previously, Scott served as COO at Jupiter Artland from March 2025 to August 2026 and held positions at Taymouth Marina, Le Monde Hotel, and G1 Group. Manorview Group, known for its boutique hotels, started its Living Wage application in July 2020, estimating an increase of £300,000-£350,000 in payroll costs.

3 min

Liverpool's Visitor Economy Reaches Record £6.834 Billion in 2025, Supported by 61.5 Million Visitors

🏖 Liverpool's visitor economy hit a record £6.834 billion in 2025, driven by a 9.3% rise in visitor spending and a 7.8% increase in visitor numbers to over 61.5 million. Day visits reached 55.55 million, up 8.7%. Tourism supports 57,591 jobs. Major events in 2027-2028, like UEFA Euro 2028 and the Tour de France, aim to boost tourism further. In 2023, hotels funded a £6.7 million Accommodation BID, contributing £2 per night per occupied room to promote events.

2 min

The Red House Hotel in Coupar Angus, Perthshire, Listed for Sale at Over £1.95 Million Freehold

🏨 The Red House Hotel in Coupar Angus, Perthshire, is for sale at over £1.95 million. It features 20 en-suite rooms, including 12 family rooms, seven twin rooms, and one triple room. Facilities include a bar-restaurant, a public bar, and a function suite for 160 guests. Marketed by Graham and Sibbald, it is located at the A94 and Forfar Road junction. Owned by the Bannerman family for two generations, the sale is due to family retirement.

Hotel room with two large beds, beige headboard, and patterned runners; a brown chair and floor lamp beside the window curtains.

2 min

Strathmore Hotels Enters Administration Under Interpath Amid Creditor Pressure; Eight Hotels to Remain Operational

🏨 Strathmore Hotels appointed Interpath as administrators on 11 August 2026 amidst creditor pressure and a July 2026 winding-up petition. Located in East Kilbride, it operates eight hotels in Scotland and northern England. All hotels remain open, with 410 employees retained during the business review. The hospitality sector's challenges, like rising costs and workforce shortages, contributed to their financial difficulties, but operations continue as usual to reassure employees, customers, and suppliers.

Dim, black-and-white hotel hallway stretching to a bright exit at the end, doors along both sides.

2 min

Travelodge to Develop 132-Room Hotel in Abbey Wood, London, Supporting Local Regeneration and Employment

🏨 Travelodge, in partnership with Uplift Developments Ltd, is set to build a six-storey, 132-room hotel in Abbey Wood, south-east London, near Abbey Wood railway station. This project is part of the area's regeneration as defined in the London Plan. The hotel aims to support local business and leisure travel to locations like Canary Wharf, creating new employment opportunities. Abbey Wood's Elizabeth Line offers rapid transit to Canary Wharf (10 mins), Liverpool Street (16 mins), and Bond Street (23 mins).

Hotel room featuring a white bed with purple pillows, two bedside lamps, a chair by a large window with heavy curtains, and circular-framed wall art on a beige wall.

2 min

UK Leads European Hotel Transactions in H1 2026 with €3.22bn Investment, Driven by London's €2.3bn Deals

🏨 UK, H1 2026: €3.22bn hotel transactions, leading Europe. London tops city investments with €2.3bn across 24 properties. Curio Westminster sold for €300m, bought by RIU Hotels. Europe saw €11.7bn in investments, 19.5% above the 10-year average, despite a 9.5% drop year-over-year. Asia-Pacific investments rose 86%, while Americas and MEA decreased by 87% and 31%, respectively. Upscale hotels gained half of all funds, with average room prices up 9% to €228,416.

Woman in a pink lace dress holding a wooden letter board that reads ECSTASY

2 min

The Elysium Collection to Launch First Hotel in Cornwall This Winter, Expanding Across UK by 2027

🏨 Elysium Collection launches its first British hotels in Cornwall, Surrey, and the Lake District starting winter 2026. The initial 56-bedroom Elysium St Mawes debuts after the Ship and Castle Hotel redevelopment in Cornwall. Executive chef Stephane Delourme oversees dining, focusing on seasonal, local produce. Emphasizing wellness, the properties offer tailored spa experiences. More hotels will open through 2027, preserving historic character with modern comforts.

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