Malmaison owner to sell and leaseback four hotels
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.
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.
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.
Despite a lack of proof that diners are willing to change their eating habits, the hospitality industry has been warned to start thinking about calorie counting their menus before EU legislation is introduced.
Restaurants, pubs and other consumer-facing businesses in London have signed up to the Mayor’s new London Visitor Charter, which commits them to offering fair pricing for visitors during the Olympic Games.
Events catering specialist and restaurant operator Rhubarb has opened a 'new and improved' airside restaurant at Heathrow's Terminal Three.
The agents in charge of the sale of Von Essen's hotel estate are considering more than 200 bids for the business that were made following its fall into administration in April.
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.