News

The Savoy was a favourite rendezvous for brokers, bankers, bounders and Hollywood's best. And, for a time, it was a home away from home for the artist Claude Monet, stars Marilyn Monroe and Frank Sinatra, and Sir Winston Churchill.

Forte sued over falling chandelier

Forte sued over falling chandelier

Hilton profits up 3% to pounds 127.5m

HILTON, the hotels and Ladbroke bookmaking group, yesterday reported a 3 per cent rise in half-year profits to pounds 127.5m, helped by a pounds 27m contribution from its recent acquisition of Stakis hotels. All the hotels will be rebranded under the Hilton name by this autumn, followed by a public launch next spring. The company said the disposal of its American gaming interests was under way. It also unveiled plans to expand its offshore betting operations.

Investment Column: Millennium & Copthorne

THERE WAS a degree of scepticism in April when Millennium & Copthorne announced a pounds 438m deal to buy 43 hotels in Asia from its majority shareholder.

Swimming: Marshall injured in lift accident

THE 17-YEAR-OLD Melanie Marshall, in Istanbul for the European Championships with the remainder of the British team, was the victim of a freak accident yesterday which could jeopardise her participation in the remainder of the tournament, writes James Parrack. Marshall had both hands trapped in the doors of a lift for several minutes as hotel staff worked to prise her free.

No Pain, No Gain Our Man's Portfolio: I suggest that you check out of Regal Hotels

IS IT time to check out of Regal Hotel, the mid-market chain that has the dubious distinction of underperforming the rest of the no pain, no gain portfolio? I should, with hindsight, have demanded the bill last week. Instead, after warning that the shares were likely to get the chop, I unwisely postponed immediate action.

The Investment Column: Macdonald Htls

MACDONALD HOTELS has led a yo-yo existence since coming to the market three years ago. Issued at 145p, the shares reached 241p a year ago, only to slump to a low of 130p at the end of the year. They have since enjoyed a recovery and closed up 7p yesterday at 229.5p on the back of encouraging full-year results.

Greenalls makes tracks for hotels

Greenalls makes tracks for hotels

Ladbroke to take Hilton name

Ladbroke to take Hilton name

Ladbroke to change name to Hilton

LADBROKE PLANS to change its name to Hilton Group to reflect its focus on hotels after the completion of its pounds 1.2bn acquisition of the Scottish-based Stakis hotel group. The change will also underscore its alliance with US partner Hilton Hotels. The Stakis purchase means the company will generate more than two-thirds of profits from hotels.

Hotel rage on increase

HOTEL BOSSES and police are tackling a growing problem in the accommodation industry - hotel rage. Staff have fallen victims to attacks ranging from verbal abuse to physical assault, said Strathclyde Police.

Granada creates 2,500 new jobs

Granada creates 2,500 new jobs

Investment: Thistle hit hard by drop in London hotel revenues

THISTLE HOTELS yesterday added to the gloom surrounding the hotels sector with the announcement of a sharp fall in revenues in its London hotels.

Hunt for missing party-goer

Hunt for missing party-goer

Bass chief to get pounds 400,000 pension

SIR IAIN PROSSER, chief executive of Bass, will be entitled to a pension of pounds 400,000 a year in three years' time. Sir Iain, who is 55, will be entitled to a full pension from the age of 58 even though the normal pension age at the brewing and hotel giant is 60.

Irate hotelier puts Paxman in his place

JEREMY PAXMAN, arch cynic and Newsnight presenter, has finally received a dose of his own medicine - from a hotel manager whose establishment had fallen foul of his vitriolic criticism.
Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
As in 1942, Germany must show restraint over Greece

As in 1942, Germany must show restraint over Greece

Mussolini tried to warn his ally of the danger of bringing the country to its knees. So should we, says Patrick Cockburn
Britain's widening poverty gap should be causing outrage at the start of the election campaign

The short stroll that should be our walk of shame

Courting the global elite has failed to benefit Britain, as the vast disparity in wealth on display in the capital shows
Homeless Veterans appeal: The rise of the working poor: when having a job cannot prevent poverty

Homeless Veterans appeal

The rise of the working poor: when having a job cannot prevent poverty
Prince Charles the saviour of the nation? A new book highlights concerns about how political he will be when he eventually becomes king

Prince Charles the saviour of the nation?

A new book highlights concerns about how political he will be when he eventually becomes king
How books can defeat Isis: Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad

How books can defeat Isis

Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad
Judith Hackitt: The myths of elf 'n' safety

Judith Hackitt: The myths of elf 'n' safety

She may be in charge of minimising our risks of injury, but the chair of the Health and Safety Executive still wants children to be able to hurt themselves
The open loathing between Barack Obama and Benjamin Netanyahu just got worse

The open loathing between Obama and Netanyahu just got worse

The Israeli PM's relationship with the Obama has always been chilly, but going over the President's head on Iran will do him no favours, says Rupert Cornwell
French chefs get 'le huff' as nation slips down global cuisine rankings

French chefs get 'le huff' as nation slips down global cuisine rankings

Fury at British best restaurants survey sees French magazine produce a rival list
Star choreographer Matthew Bourne gives young carers a chance to perform at Sadler's Wells

Young carers to make dance debut

What happened when superstar choreographer Matthew Bourne encouraged 27 teenage carers to think about themselves for once?
Design Council's 70th anniversary: Four of the most intriguing prototypes from Ones to Watch

Design Council's 70th anniversary

Four of the most intriguing prototypes from Ones to Watch
Dame Harriet Walter: The actress on learning what it is to age, plastic surgery, and her unease at being honoured by the establishment

Dame Harriet Walter interview

The actress on learning what it is to age, plastic surgery, and her unease at being honoured by the establishment
Art should not be a slave to the ideas driving it

Art should not be a slave to the ideas driving it

Critics of Tom Stoppard's new play seem to agree that cerebral can never trump character, says DJ Taylor
Bill Granger recipes: Our chef's winter salads will make you feel energised through February

Bill Granger's winter salads

Salads aren't just a bit on the side, says our chef - their crunch, colour and natural goodness are perfect for a midwinter pick-me-up
England vs Wales: Cool head George Ford ready to put out dragon fire

George Ford: Cool head ready to put out dragon fire

No 10’s calmness under pressure will be key for England in Cardiff
Michael Calvin: Time for Old Firm to put aside bigotry and forge new links

Michael Calvin's Last Word

Time for Old Firm to put aside bigotry and forge new links