From the desks of the Hotel News Now editorial staff:
- China’s iProsperity buys 23 Australian Accor hotels
- US hotel results for week ending 31 August
- Mainland Europe hotel firm buys London staff housing
- First 100-guest space hotel to open in 2025
- Man accidentally charged £55k for a hotel beer
China’s iProsperity buys 23 Australian Accor hotels: Chinese asset manager iProsperity has bought a portfolio of 23 Accor hotels in Australia for a reported 300 million Australian dollars ($204 million), according to Asian real estate website Mingtiandi.
The sale by HotelInvest, the division Accor partly spun off beginning in February 2018, comprises Ibis, Mercure and Novotel branded hotels. Most are freehold properties and contain approximately 3,000 rooms. Accor purchased the 15 Ibis properties in the portfolio from the Abu Dhabi Investment Authority in December 2016 for approximately AU$200 ($136.3 million), according to the report.
U.S. hotel results for week ending 31 August: The U.S. hotel industry reported mostly positive year-over-year performance for the week ending 31 August, according to data from STR, parent company of HNN. Occupancy fell by 0.4% to 66.7%, but average daily rate rose 1.4% to $127.26 and revenue per available room rose 1% to $84.87.
Among the top 25 markets, the San Francisco/San Mateo market reported the largest increase in RevPAR, jumping 35.2% to $236.56, primarily due to an increase of 24.2% in ADR to $267.26. In those 25 markets, New Orleans reported the only double-digit increase in occupancy, rising 12.7% to 60.4%.
Mainland Europe hotel firm buys London staff housing: Citing worry concerning Brexit and the effect of that legislation on mainland European hotel staff working in its London hotels, Amsterdam-based PPHE Hotel Group has made its first apartment purchase of what it says will be a number of them, according to London newspaper Evening Standard.
The firm’s CFO Daniel Kos said a property able to host 30 employees has been bought in the Chiswick district of the city.
“We are aware there could be an exodus of European staff once Britain leaves the (European Union), so we are trying to think of ways to attract and retain hospitality workers. … One method is by providing cheap rents for nice accommodation,” Kos said.
First 100-guest space hotel to open in 2025: Alta Loma, California-based Gateway Foundation has revealed more details of what it claims will be the first space hotel and which could be completed by 2025, according to The Robb Report. The hotel will be able to hold 100 guests per week and have such amenities as a “low-gravity” basketball court and a rock-climbing wall.
To be named the Von Braun Rotating Space Station, the hotel will have a diameter of 623 feet and 24 separate modules with accommodations and facilities, as well as anti-gravitational technology. The engineers and inventors behind the space idea said the entire project will have room for 400 people, including staff and those living in residences.
Man accidentally charged £55k for a hotel beer: An Australian journalist in Manchester, U.K., reporting on summer cricket matches between England and Australia was mistakenly charged £55,315 ($68,143) for a beer at hotel Malmaison Manchester that should have cost £5.50 ($6.78), according to the BBC and other media.
Peter Lalor, who ironically also writes on beer, for newspaper The Australian said he was not wearing his glasses when he paid for the drink with a debit card and did not ask for a receipt but that something made him query the charge. His card accepted the large sum against his mortgage. Lalor said the card also charged a £1,000 ($1,232) transaction fee. Executives at the hotel apologized and said an investigation is in place. Lalor’s credit card firm said funds might take 10 business days to be returned.
“(Deuchers IPA is) a good beer. The original version of it won a heap of awards, including the Supreme Champion Beer of Britain, but if you are thinking that no beer is worth the best part of 100,000 (Australian) dollars, then I am inclined to agree with you,” Lalor said in a tweet.
Compiled by Terence Baker.