• Newsletter July 4: a guessing game
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| | | | | | Accor to buy 50 per cent stake in SBE
France: AccorHotels will buy a 50 per cent stake in Sam Nazarian's SBE Entertainment Group, in a deal that will see Accor invest $319 million in SBE. Read more...
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W Hotel Washington DC embarks on $50 million facelift
US: The W Hotel Washington D.C. is about to get a $50 million renovation of all its guest rooms and public spaces.
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Washington joins Culture Trip to head online booking division
UK: Online travel content start-up Culture Trip has appointed former Expedia MD Andy Washington to drive the launch of its new online travel booking division.
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Nesbitt takes F&B role at Hand Picked Hotels
UK: Hand Picked Hotels has appointed Graeme Nesbitt to the newly created position of director of food and beverage.
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A guessing game
• I don't know about you but I have given up trying to predict which hospitality brand is next on Accor's shopping list. The French giant, under the leadership of CEO Sebastien Bazin, has been on an amazing run of acquisitions - either buying companies outright or, more typically, buying a significant shareholding.
In our boutique and lifestyle space over the last few years, Mama Shelter, 25hours, Mantis, Mantra, and Banyan Tree have all come under the Accor umbrella, along with the launch of the Jo & Joe brand.
But I have to admit I didn't see the SBE deal coming, although in hindsight it makes good sense. SBE owns the former Morgans brands, including Delano, Mondrian and Hudson, as well as its own SLS and Redbury flags. Accor's 50 per cent stake gives it a big boost in the luxury lifestyle space in key US cities such as Miami, Los Angeles or Las Vegas, and in other international destinations.
As Bazin described it: "'The new luxury' is all about exclusive experiences and incredible lifestyle concepts and SBE brands have the perfect know-how that will complete perfectly the AccorHotels portfolio."
Is that word "complete" a signal that the spending spree could be over for now?
George Sell, editor, Boutique Hotel News
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| | Top tips for developing a boutique or lifestyle hotel
Una Barac of Artelior shares her insights in to what makes a successful boutique hotel project.
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| Boutique hoteliers say it's location, location and Uber
BHN's Piers Brown reports from the NYU hotel investment conference in Manhattan.
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| | | | | | | 2018 BoHo awards highlights
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| | BHN at NYU: Jay Stein, Dream Hotel Group
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| | BLHS2018 interviews: Julie Grieve, Criton Apps
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| BLHS2018 interviews: Neil Salt, Gooee
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| | | | | EDITORIAL
George Sell. Editor,
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| ONLINE SALES, CONFERENCE
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