IHG (InterContinental Hotels & Resorts) announced the opening of its newest London hotel, Hotel Indigo London - 1 Leicester Square, in the heart of Londons stage and theatre district.
Hotels in London reported occupancy decreased 0.9% to 82.2% in April, according to preliminary monthly STR data. ADR decreased 1.1% to £141.87 ($192.48) and RevPAR dropped 2% to £116.59 ($158.18).
Marking the brand's debut in Bulgaria but seventh opening in Eastern Europe, the hotel features 194 rooms, including 27 Club rooms and 37 Suites.
Meliá earns 22.1 million (+18.9%) in the first quarter in spite of the depreciation of the dollar