Showing Results for tag: Finance
UK hotel investment declines 70 per cent in 2020
UK: Knight Frank’s Hotel Transaction Trends 2021 research reveals that investment volumes in 2020 reached £1.8 billion in the United Kingdom compared to £6 billion in 2019, with 81 per cent of the transaction volume occurring in quarter one.
citizenM announces fifth London hotel
UK: The hotel will be located in the Olympia London exhibition centre - a £1.3 billion mixed development in cooperation with Yoo Capital and Deutsche Finance International.
Shiva Hotels secures £230 million refinancing for Marylebone project
UK: Shiva Hotels has secured a £230 million development financing package from Cale Street Investments and Crosstree Real Estate Partners to fund the construction of its 199-key luxury lifestyle hotel in Marylebone, London.
OakNorth Bank calls for government review of business loan scheme
UK: OakNorth Bank is calling for several changes to the Coronavirus Business Interruption Loan Scheme (CBILS) to better support British businesses though the COVID-19 crisis.
365 Business Finance launches #SheLeads campaign
UK: In celebration of International Women’s Day, 365 Business is launching a campaign to run throughout March that follows successful and motivational businesswomen.
Colorado hotel project secures financing
US: JLL has secured financing for the development of The Laszlo, a high-end 51-room boutique hotel in Parker, Colorado.
South Beach hotel looks to finance renovation through EB5 visa scheme
US: The 42-room Hotel Astor in South Beach is aiming to raise $8 million from foreign investors seeking green cards.
