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IKEA-Linked Foundation Plans Sale of £500 Million UK Hotel Portfolio
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🚀 Restaurant Sector Performance – September 2025
The latest Restaurant Sector newsletter reports a modest 1.27% gain in the Restaurant Index, although it lagged behind broader market indices. Starbucks is progressing with its Green Apron Service model, while chains like Cava are facing lower customer traffic and rising price sensitivity. The Cheesecake Factory posted strong four-wall margins despite inflation. Read more.
📈 Swiss Hotels See More Guests Despite Rainy Weather in July
Swiss hotels recorded a rise in overnight stays in July, with both domestic and international guests contributing to growth, according to the Federal Statistical Office (FSO). Overnight stays by foreign visitors increased by 2.5% to 2.2 million, while stays by Swiss guests rose 2.9% to match that number. The growth is notable given the month’s rainy weather, which typically affects last-minute domestic bookings. Read more.
💲 Bauer Hotel in Venice Gains New Funding for Revival
Funding has been confirmed to support the rebirth of Venice’s historic Bauer Hotel. The project involves a major transformation of this landmark property, aiming to restore its luxury status and cultural significance. Read more.
🌟 IKEA-Linked Foundation Plans Sale of £500 Million UK Hotel Portfolio
A foundation linked to the founder of IKEA plans to sell a £500 million portfolio of UK hotels. The assets include 15 Marriott-branded properties totaling 3,230 rooms, marking a significant shift in ownership and potential repositioning of these assets. Read more.
✨ Hannah St. Hotel Opens in Melbourne’s Southbank
Melbourne’s Southbank precinct welcomed the new Hannah St. Hotel, a $150 million boutique project developed by Time & Place alongside TFE Hotels and partners. Featuring 188 rooms, the hotel blends art, architecture, and hospitality, with design led by David Flack of Flack Studio. It offers wellness facilities including a 25-meter lap pool, sauna, gym, rooftop terrace, and co-working lounges—enhancing the cultural and tourism appeal of the area. Read more.
🤝 Amadeus Agency360 Partners with Scandinavia’s Largest Hotel Chain
Amadeus has signed an enterprise agreement with Scandic Hotels, the largest hotel operator in Scandinavia, to deploy its Agency360 solution. The platform will grant Scandic access to comprehensive travel agent booking insights across GDSs, improving reservation performance across its 280 properties in the Nordics, Poland, and Germany. Read more.
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