Eloise Hanson - 10 Minutes News for Hoteliers - Page 10

2 min

SingleThread expands in Healdsburg with second inn

🏨 Vertice Hospitality Management will expand its SingleThread brand at the River Belle Inn in Healdsburg, California. Built in 1895, the inn will reopen in late 2026 as The Selvedge, A SingleThread Inn, featuring nine unique rooms and amenities like a library, coffee bar, and fitness center. Axia Architects and AvroKO are responsible for design. Co-owner Tony Greenberg highlights the location's historical significance and its picturesque setting on the Russian River.

2 min

City of London offices acquired by Firethorn for hotel conversion

🏠 Firethorn acquires 5 Lloyd’s Avenue in London from Swiss Life Asset Managers UK. 📍 Located off Fenchurch Street, the building will be converted into a hotel with an extra floor. 🏗️ Planning submission is due by summer 2026. Firethorn partners with SW3 Capital, following their Dublin hostel project at Sackville Place, featuring 138 rooms for 716 guests. 🎯 This acquisition aims to fill the gap for affordable, quality city-center accommodation.

3 min

Urban Living Festival 2025: Key takeaways for hospitality

🏠 300 professionals gathered in London for the 2025 Urban Living Festival, exploring living, hospitality, and flex workspace sectors. Day one included tours of Outernet, Chateau Denmark, and x+why’s Bedford Square. Day two featured sessions on branded residences, lifestyle brands, hospitality demand trends, and sustainability. Notable insights: branded residences benefit from strong brand recognition, lifestyle brands need disciplined financial planning, European room sales are rising, and sustainability in travel is gaining attention. Cornwall and Edinburgh are potential growth markets.

1 min

BWH Hotels GB expands with eight member additions

🏨 BWH Hotels GB has expanded its UK portfolio by adding eight boutique and heritage properties, aiming to reach 20,000 rooms nationwide by 2029. The new additions include The Brackenborough Hotel in Lincolnshire and Thatcher’s Hotel in Surrey. CEO Tim Rumney highlights the appeal of BWH's "Power of Two" model, offering independence with the benefits of a global network to help hotels thrive in challenging conditions.

2 min

CG Developers signs JW Marriott Residences in Dubai

🏗️ UAE: In early 2028, CG Developers, part of CG Corp Global, will complete the first JW Marriott Residences in Dubai. The project, located on Dubai Islands, will include 115 ocean-view residences, a rooftop pool, spa, fitness centre, and concierge services. Rahul Chaudhary emphasized the alignment with Dubai's vision. Marriott and CG Global collaboration will also convert The Farm at San Benito in the Philippines and introduce Marriott's new brand, Series by Marriott.

1 min

BWH Hotels GB CEO Tim Rumney

📈 Tim Rumney, CEO of BWH Hotels GB, discusses strategies for maintaining investor attraction, ensuring quality across independent properties, and supporting members in tackling hospitality challenges. Insights were shared at the SMRDC Fest 2025, held at the East Midlands Conference Centre.

1 min

Ace lands a bigger bet

💸 Ace entered sale negotiations with Sortis Holdings in early 2023, intending to sell for USD $85 million, but the deal fell through due to lost contracts and legal issues. Now, Seibu Prince Hotels Worldwide is acquiring Ace for USD $90 million, set to close by September 2025. Ace will stay independent within SPW's 94-hotel portfolio, with seven more in the pipeline. This highlights the trend of boutique hotels being absorbed by larger groups.

2 min

The Headland achieves EarthCheck Silver

📈 UK, 2023: The Headland Hotel in Cornwall has achieved EarthCheck Silver accreditation after a rigorous audit. Since the partnership with EarthCheck, they’ve reduced energy use by 4.5% and water consumption by 5% per guest night, with 95% LED lighting. Waste recycling is at 77% and food waste has been halved. Conservation efforts include rainwater harvesting and a lobster release scheme. This recognition underscores the hotel’s commitment to sustainability and environmental impact reduction.

1 min

Global Mutual enters hotel investment with platform launch

🏨 Global Mutual has launched Global Mutual Hotels following the acquisition of Okami Hospitality Partners. As of now, the platform manages €500 million in assets, totaling 1,000 keys, with another 1,000 keys in development in Spain and Portugal. Expansion plans include the USA, Middle East, and Asia. Managing Director Ritchie Gardiner noted the volatile macro environment presents opportunities, while Javier Batlle emphasized the strengthened potential through Global Mutual’s strategic capabilities.

2 min

Seibu Prince Hotels acquires Ace Group for $90 million

🏨 Japan's Seibu Prince Hotels Worldwide (SPW) will acquire Ace Group International, including Ace Hotel and Atelier Ace, for USD $90 million. The deal, via SPW's US subsidiary Ace Hotels Worldwide Inc., closes by September 2025. Ace Hotel will retain brand independence under SPW’s division. Ace operates eight hotels, including New York and Kyoto, with future openings like Ace Hotel Fukuoka in 2027. Post-acquisition, SPW and Ace will manage 94 hotels globally.

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