Archives for July 19, 2011

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Malmaison owner to sell and leaseback four hotels

By Emma Eversham

Malmaison owner MWB has exchanged contracts to sell and leaseback four of its hotels which it says will enable it to reduce its debt levels without affecting the future operations of the group.

Accor sales grow as room rates recover

By Lorraine Heller

The international hotel group Accor has seen revenues grow over the first half of the year as occupancy rates rise steadily and room rates start to recover.

Peach on track for 22 pubs by 2013

By Lesley Foottit

Peach Pub Company is on track to reach its target of opening 22 pubs by 2013 and is hoping to secure its first pubs in London if suitable sites become available.