Showing Results for tag: funding

OakNorth Bank secures additional CBILS allocation

News Story / 12 August 2020

UK: OakNorth Bank has approved over £600 million in new loans since lockdown began, and the British Business Bank has since approved an additional CBILS allocation.

Hotel bed bug tech secures $1.18m

News Story / 31 July 2020

UK: Spotta’s smart pest system has raised $1.18 million in seed funding from investors including Martlet Capital, Wren Capital and the Angel CoFund.

Urban Living Webinar: Hotel Funding & Investment

Feature / 03 July 2020

In this week’s Urban Living webinar, industry leaders joined IHM editor in chief George Sell to discuss the way hotel funding and investment has changed in the wake of Covid-19

Soho House secures $100m equity financing

News Story / 24 June 2020

US: Led by Ron Burkle, founder of private equity firm Yucaipa Companies, the investment was made at the valuation of $2 billion which was established by a funding round in 2019.

NH Hotel Group signs syndicated loan of $225 million

News Story / 06 May 2020

Spain: Coordinated by BBVA and Santander, NH Hotel Group has been granted endorsement by the Official Credit Institute to help finance its operational needs throughout the current crisis.

AHLA urges Congress for additional funding for small hotels

News Story / 29 April 2020

US: The American Hotel & Lodging Association (AHLA) has released a new report that reveals small business hotels will require additional SBA loan funding under the Paycheck Protection Program (PPP) to prevent loss of jobs and closure.

The Standard Stands Together Relief Fund launches

News Story / 24 March 2020

Worldwide: Standard International has launched a fund, seeded by the leadership team at The Standard, to provide financial support to team members who have lost jobs due to the effect of COVID-19.

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