DE VERE, the newly refocused hotels and health clubs group, has made its first venture into the London market, with the £60m purchase of the Cavendish Hotel. The 251-room, four-star hotel in ...

with revenue per available room forecast to slump between 3-6%. The company predicts even sharper declines in London. De Vere has most of its properties outside the capital with only one hotel in ...

room from its 21 De Vere hotels rising 2.4pc. This was up on the 1pc rise in revpar over the first half. Carl Leaver, who took over as chief last month from the retiring Paul Dermody, said ...

The company, which was the subject of an unsucccessful partial offer from the Guiness Peat Group last year, said occupancy at its De Vere hotels remained steady at 70%, but increased room rates ...

Operating profits jumped over 17 per cent to GBP21.7m driven by room rate rises at the chain of 21 De Vere hotels and a maiden contribution from three new hotels. The group also entered the London ...

and conference and meeting rooms. The De Vere Group, which is controlled by the Lloyds Banking Group, is selling the Grand Harbour along with two other De Vere branded hotels – the 140-room ...

KSL Capital Partners takes possession of a portfolio of 25 properties comprising 3,100 rooms, plus three more ... the sale last year of Venues, De Vere’s conference business.