Monthly Archives: June 2012

UK mid-market hotel sector faces further consolidation

The UK’s hotel sector is set to experience further consolidation in the three- and four-star sector as lenders look to move into the next stage of action regarding over-geared groups. “Several hotel groups have now got a for-sale notice on them, and more are likely to in the near future. The banks are now confident […]

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Turnover of hotel CEOs on the up, says survey by HVS Executive Search

The turnover of CEOs amongst the world’s 50 largest hotel companies doubled in 2011, compared with 2009, with 12% of companies now being led by a new chief executive. However, the choice of CEOs is becoming more conservative in the sector, with internal promotions more common, or appointments from within the hotel industry. These were […]

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