Business and people search

Hotel market to catch its breath after growth spurt

6th October 2009

Stephen Miles, general manager of the Radisson Edwardian Hotel in Manchester

Stephen Miles, general manager of the Radisson Edwardian Hotel in Manchester

MANCHESTER will not see any major hotel investment for at least three years because it has reached "tipping point" in terms of supply and demand.This is the view of Stephen Miles, general manager of the city's five-star Radisson Edwardian Hotel and chairman of the Manchester Hoteliers' Association.He said the financial crisis had merely crystallised an "inevitable" position after heavy investment in the city in recent years."In Manchester city centre we have gone from 5,000 rooms to 7,000 rooms very rapidly and we're now at tippin......for the full story register now for free or login below...

Or Login to Read this Story


Latest Business News

£60m boost for biomed hubs in city

£60m boost for biomed hubs in city

25/07/2016Joanne Birtwistle

Shareholder revolt at Speedy Hire

Shareholder revolt at Speedy Hire

25/07/2016Joanne Birtwistle

IT provider APH makes acquisition

IT provider APH makes acquisition

25/07/2016Joanne Birtwistle

Epistem completes name change

Epistem completes name change

25/07/2016Joanne Birtwistle

Profit warnings nudge upwards

Profit warnings nudge upwards

25/07/2016Nick Jackson

Cash for green schemes in city

Cash for green schemes in city

25/07/2016Nick Jackson

SPAR wholesaler buys 30-store chain

SPAR wholesaler buys 30-store chain

22/07/2016Nick Jackson

Lakes new dawn in more ways than one

Lakes new dawn in more ways than one

22/07/2016Nick Jackson

Freight firm in MBO

Freight firm in MBO

22/07/2016Joanne Birtwistle

Read More News

 
TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954