The Bank of England (BoE) has voted to keep interest rates steady at 4% ahead of the upcoming Budget announcement on 26 November.  The bank’s Monetary Policy Committee (MPC) voted by a majority of five to four to maintain the rate, with four members voting to reduce it by 0.25 percentage points, to 3.75%. The […]

Ennismore will expand its presence in Spain with the launch of The Hoxton, Madrid, set to open in 2026 on Plaza de Santa Ana in the city’s historic centre. The 192-room property will be the company’s first hotel in the Spanish capital and its second in the country, following The Hoxton, Poblenou, which opened in […]

British travellers are booking holidays earlier and planning more trips than any other market across Europe, the Middle East and Africa (EMEA), according to new research from Marriott Bonvoy. The company’s Ticket to Travel study found that UK adults book an average of 4.9 months in advance, compared with a regional average of 3.4 months. […]

Travelodge has announced the official opening of a brand new, 72-room hotel in Beckenham, London. The new-build hotel forms part of a larger, six-story mixed-use redevelopment by Dunward Properties. London Beckenham Travelodge features the brand’s latest premium design, including next-generation rooms and a contemporary reception area. Tony O’Brien, UK development director at Travelodge, said: “We […]

The global travel industry is expected to grow faster than the world economy over the next decade, according to the World Travel Market (WTM) Global Travel Report released today at WTM London. The report forecasts annual growth of 3.5% for the travel sector over the next 10 years, outpacing projected global economic growth of 2.5%. […]

Marriott International has reported a 25% increase in net income to $728m (£558m) for the third quarter ended 30 September, supported by continued expansion in room numbers and resilient performance in its luxury hotel portfolio.  Reported operating income grew to $1.18bn (£910m) from $944m (£724m). Adjusted EBITDA increased 10% to $1.35bn (£1.04bn). Global RevPAR rose […]

UKHospitality has expressed support for the Keep Britain Working review, led by Sir Charlie Mayfield, which sets out a new employer-first approach to workplace health and tackling rising economic inactivity linked to ill-health. The review aims to help businesses create healthier and more resilient workplaces while supporting people to stay in or return to employment. […]

Milsom Hotels and Restaurants has appointed Jess Counsell as general manager for Dedham, a new role overseeing Talbooth Restaurant, Talbooth House and Spa, and milsoms in Dedham. The appointment follows the promotion of Geoff Hare to general manager at Milsom’s Kesgrave Hall and marks a restructuring of the group’s senior leadership.  It is the first […]

South Korean hospitality group Sono International has announced it will acquire Cross Hotels and Resorts, marking a change of ownership for one of Southeast Asia’s fastest-growing brands.  Parent company Flight Centre Travel Group has agreed to sell the Bangkok-based operator to Sono International, which runs a range of hotels and resorts across South Korea. The […]

The Social Hub has unveiled a new global marketing leadership team as the hospitality group accelerates its brand expansion across Europe under chief marketing officer Trix van der Vleuten. The appointments follow the hiring of Daniel Hernández Lyon, former corporate affairs lead at Edelman Italy, as director of global communications in 2023. New leadership roles […]