Monthly Archives: January 2019

Supply increase impacts occupancy in UK’s provincial hotels, says Hotel Market Tracker

30 January 2019, London: The fortunes of London’s hotels compared with those in the provinces widened in Q4 2018 as occupancy in London rose by 5% year-on-year compared with a more modest 1% increase in hotels outside the capital. According to the latest UK Hotel Market Tracker: Q4 2018, produced by HVS London, AlixPartners and […]

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Staycity to open in £203m complex in London’s Paddington

The regeneration of London’s Paddington will take a further step forward with the development of a 620-room hotel and aparthotel complex. The tenants of the scheme will be Staycity alongside Premier Inn and it is expected to open by 2021. Staycity, a leading aparthotel operator, will provide the aparthotel side of the development under its […]

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Property entrepreneur Stephen Vernon takes 5% stake in Staycity

Staycity has this week announced that Stephen Vernon’s John Pollard Foundation has acquired a 5% shareholding in the company. Stephen Vernon is one of Ireland’s most accomplished property entrepreneurs and a well-known philanthropist through the John Pollard Foundation, named after his grandfather. He is also the co-founder of Dublin and London listed property investment company […]

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