The Hospitality Newsletter
Today Tuesday, August 18, 2026

MCR Drops £150M in London as Brands Expand

Royal Orchid posts 38% revenue growth while Airbnb clashes with Salt Lake City over rental stings.

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Market Snapshot

11 stories
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London Expansion ·MCR Property Group launched The Kensington Collection across London after completing a £150 million acquisition of former Maykenbel assets.

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Regulatory Clash ·Airbnb issued a cease-and-desist letter to Salt Lake City over undercover enforcement targeting 400 suspected illegal rentals.

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Earnings Surge ·Royal Orchid Hotels grew its portfolio past 123 properties, driving Q1 consolidated revenue up 38.5% to $12 million.

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Guest Tech ·Canopy by Hilton Istanbul Taksim deployed IRIS Digital Guest Directory QR platforms to eliminate paper collateral.

Our reporting

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The wire

11 stories today

Everything else worth knowing, summarised and linked to the original.

IHG Signs Three The Hari Hotels to Vignette Collection IHG Hotels & Resorts has partnered with Harilela Group to add three The Hari properties in London, Hong Kong, and Singap… general eHotelier · Why Reactive Pricing Costs Independent Hotels More Delayed revenue decisions and rigid BAR pricing models silently erode independent hotel profit margins. Leveraging granu… technology Boutique Hotel News · MCR Launches £150M Kensington Collection in London MCR Property Group has launched The Kensington Collection, a standalone hospitality brand spanning boutique hotel rooms … finance servicedapartmentnews.com · Midscale and Value Hotel Brands Surge in 2026 YouGov Study A new YouGov study shows midscale and value brands gaining significant ground as rising costs prompt U.S. travelers to p… marketing asianhospitality.com · Airbnb Issues Cease-and-Desist to Salt Lake City Airbnb has sent a cease-and-desist letter to Salt Lake City, alleging officials used fake guest accounts to enforce shor… operations shorttermrentalz.com · Marriott Launches Series Collection in South Pacific Marriott International has debuted its Series by Marriott collection brand in New Caledonia through a partnership with S… operations eHotelier ·
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