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MCR Agrees to Purchase BT Tower to Transform Into Hotel

NEW YORK—MCR agreed to purchase the BT Tower—one of London’s tallest buildings—from BT Group. MCR will own the 620-foot Tower and podium. MCR intends...
short-term rentals

Mind the Gap: Short-Term Rentals Fill a Visible Need in London’s Hospitality Market

London’s short-term rental listings have more than tripled since 2015. While this is common for major cities around the globe, a look at London...
London

Europe’s Hotel Construction Pipeline Increases at the Close of Q2

PORTSMOUTH, N.H.—According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of Q2 2020,...

Starwood Capital Group Completes Sale of Ace Hotel London Shoreditch

Starwood Capital Group has completed, through a controlled affiliate, the sale of the Ace Hotel London Shoreditch to Limulus Ltd., which was advised by...

DoubleTree by Hilton Opens 10th London Location

LONDON and MCLEAN, Va.—DoubleTree by Hilton has opened the brand’s 10th hotel in London. DoubleTree by Hilton London – Islington is located in the...
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