Investment

The outlook is good for hotels in 2014, although three-star independents might struggle against the budget brands, according to BDO

BDO forecasts further growth for hotels in 2014

By Carina Perkins

Record visitor numbers, movement in the MICE market and resurgence in the regions should drive further growth in the UK hotel sector this year, according to business advisors BDO LLP.

The De Vere Venues portfolio includes the 48-bedroom Chicheley Hall conference centre and hotel

Starwood Capital buys De Vere Venues

By Luke Nicholls

International private investment firm Starwood Capital Group has acquired hotel operator and meeting and events space provider De Vere Venues for £232m.

Egyptian hotelier Dr Shoukry Rozek plans to transform the Brig y Don into a 3-star destination

Egyptian hotelier invests in North Wales property

By Carina Perkins

An Egyptian hotelier has bought the 31-bed hotel Brig y Don Hotel in Llandudno on the North Wales coast with hopes of transforming it into a 3-star holiday destination.

Deloitte says there was a ‘resurgence’ of the UK hotel transactional market in 2013

Hotel transactions on the up as foreign investment rises

By Luke Nicholls

If 2013 was the year that the spotlight returned to hotels as an investment class, 2014 will be the year that foreign capital continues to pour into the industry with the completion of a number of major portfolio deals.