The overspend follows a previous shortfall of £1bn
Final quarter of the year showed “encouraging uptick”, according to Knight Frank
Hotel group’s xpansion continues as revenue rises to €600m
Knight Frank data shows growth in average daily rates
Rob Seabrook rejoins as executive director
London hotels reached an occupancy rate of 82% in June
The new brand, which could grow to 1,000 hotels, will be driven by conversions
COMMENT All is not lost for the midscale hotels but adaptation may be required
Wittington Investments sells historic site
Swedish investor acquires The Queens Hotel from Aprirose
Leumi UK agrees £37.7m loan
Leumi provides £13.8m refinancing loan