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architectnews · 4 years ago

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Shortlist unveiled for AHEAD Europe 2020 hospitality awards

Dezeen promotion: a guest villa in rural Mallorca and a log-clad hotel near the Arctic circle are some of the hospitality projects to be shortlisted in this year's AHEAD Europe awards.

The AHEAD Europe awards celebrate outstanding hospitality projects that have launched, opened or reopened across the continent between June 2019 and May of this year.

Top image: The exterior of The Standard in London, which is on the awards shortlist. Above: one of The Standard's colourful guest rooms

Submissions were first arranged into 15 categories, which recognise everything from a project's guest rooms to its lobby and public spaces.

A shortlist was then put together by a judging panel made up of hotel industry experts. As well as assessing a project's aesthetic appeal, they also consider factors like use of budget, how well it has met the client brief and whether it captures the "theatre of hotel life".

Among the panel this year is Signe Bindslev Heniksen, co-founder of studio Space Copenhagen, and Ana Ortega-Miranda, director of interior design for Marriott International.

A freezing river surrounds Arctic Bath, another one of the projects on the awards shortlist

One of the projects to have made it to the shortlist is The Standard in London, which occupies a brutalist building opposite one of the city's major train stations, King's Cross.

Guest rooms and communal areas throughout the hotel are decked out with bold colours like cherry red and cobalt blue, playfully contrasting the hotel's heavy concrete facade.

Also on the shortlist is a log-clad spa hotel called Arctic Bath, which floats on the icy waters of a Swedish river just 50 kilometres south of the Arctic circle.

La Maison d'Estournel in France has also made the shortlist

Some of the projects on the shortlist are situated in much warmer climes.

This includes La Maison d'Estournel, a centuries-old boutique hotel in France that's set amongst a 12-acre vineyard, and Casa Palerm, a guest villa in Mallorca that has cinematic views of the Spanish countryside.

Casa Palerm in rural Mallorca is also competing for an award

Due to the ongoing coronavirus pandemic, the last round of judging was executed over a series of video calls between 14 and 15 October.

Winners will be announced on 16 November via a digital ceremony that will be broadcast on both AHEAD and Dezeen's websites.

See the full shortlist below:

Bar, Club or Lounge

40 Elephants at Great Scotland Yard Hotel, London, England Double Standard at The Standard, London, England Sibin at Great Scotland Yard Hotel, London, England The Lobby Bar at One Aldwych, London, England The Malt Lounge at The Prince Akatoki, London, England

Guestrooms

Apfelhotel, Saltusio, Italy Birch, Cheshunt, England Boho Club, Marbella, Spain Domes Zeen Chania, Greece Hotel Arlberg Lech, Austria

Hotel Conversion

AMERON Frankfurt Neckarvillen Boutique, Germany Casa Popeea, Brăila, Romania Great Scotland Yard Hotel, London, England Stock Exchange Hotel, Manchester, England The Standard, London, England

Hotel Newbuild

Dakota Manchester, England Hart Shoreditch Hotel, London, England Lindley Lindenberg, Frankfurt, Germany Market Street Hotel, Edinburgh, Scotland nhow Amsterdam RAI, The Netherlands

Hotel Restoration & Renovation

Boho Club, Marbella, Spain Château de Vignée, Villers-sur-Lesse, Belgium La Maison d'Estournel, Saint-Estèphe, France Treehouse Hotel London, England Villa Arnica, Lana, Italy

Landscaping & Outdoor Spaces

Apfelhotel, Saltusio, Italy Arua Private Spa Villas, Merano, Italy Domes Zeen Chania, Greece Ekies All Senses Resort, Vourvourou, Greece The Newt in Somerset, England

Lobby & Public Spaces

Cretan Malia Park, Crete, Greece Locke at Broken Wharf, London, England Parīlio, Naousa, Greece Rooms Hotel Kokhta, Bakuriani, Georgia The Lobby Lounge at The Standard, London, England

Lodges, Cabins & Tented Camps

57 Nord, Ardelve, Scotland Arctic Bath, Harads, Sweden Camp Hox, Oxfordshire, England Casa Palerm, Mallorca Treehouses at Ramside Hall Hotel, Durham, England

Resort

Cretan Malia Park, Crete, Greece Domes Zeen Chania, Greece Lefay Resort and Spa, Dolomites, Italy Parīlio, Naousa, Greece Quinta da Comporta, Portugal

Restaurant

Decimo at The Standard, London, England Hélène Darroze at The Connaught, London, England Helios at Four Seasons Astir Palace Hotel Athens, Greece Memories Sven Wassmer at Grand Resort Bad Ragaz, Switzerland Mouries at Cretan Malia Park, Crete, Greece

Spa & Wellness

Apfelhotel, Saltusio, Italy Arctic Bath, Harads, Sweden Hotel Arlberg Lech, Austria Lefay Resort and Spa, Dolomites, Italy The Newt in Somerset, England

Suite

Arua Private Spa Villas, Merano, Italy Ekies All Senses Resort, Vourvourou, Greece Lincoln House at Rosewood London, England Nobel Suite at Grand Hotel Oslo, Norway Nobu Hotel Barcelona, Spain

Visual Identity

Birch, Cheshunt, England Boho Club, Marbella, Spain Château de Vignée, Villers-sur-Lesse, Belgium Hotel Arlberg Lech, Austria Villa Arnica, Lana, Italy

The post Shortlist unveiled for AHEAD Europe 2020 hospitality awards appeared first on Dezeen.

#Architecture – Dezeen

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jamieclawhorn · 6 years ago

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A FTSE 250 dividend stock yielding 8% that looks too cheap right now

It is rare to find a large-cap stock that offers a sustainable dividend yield of nearly 10%. Today, I’m looking at one FTSE 250 that yields just under 8%, and as far as I can tell, the payout is entirely sustainable.

Pub problems

With a dividend yield of 7.8%, shares in pub group Marston’s (LSE: MARS) offer one of the highest dividend yields in the FTSE 250 (top 10).

Usually, I wouldn’t recommend any company with such a high yield as it is generally an indication that the payout is not sustainable. But with Marston’s, it is difficult to doubt the distribution. It just seems as if the market is avoiding the hospitality sector at all costs.

I reckon this view is incorrect. Looking at the underlying fundamentals of the sector, there’s still much to like. For example, despite rising wage and food/beverage costs, companies like Marson’s are managing to offset these higher input costs by cutting costs and diversifying.

It has been investing heavily in its own beer company, acquiring brewers and distributing the products across its pub estate. Total volumes grew 46% in the 42-week period to 21 July.

Alongside these efforts, rising consumer spending has also helped to stem the bleeding. At the end of July, Marson’s reported a 5.2% increase in managed and franchised pub sales for the 42 weeks. New pubs contributed the bulk of this growth. Like-for-like sales growth was 0.3%.

Marston’s isn’t the only company reporting sales growth. Last week peer Greene King said sales expanded 2.8% on a like-for-like basis during the 18 weeks to September 2. Yes, both companies have benefited from the football World Cup, but looking at these figures it seems to me as if the hospitality industry isn’t struggling as much as some analysts seem to believe. With this being the case, I think shares in Marston’s are a steal today, changing hands at just 6.6 times forward earnings.

So, if you are looking for a cheap income play for your portfolio, in my view, Marston’s is certainly worthy of further research.

Commercial property

If Marston’s is not your cup of tea, I’m also intrigued by commercial property play Regional REIT (LSE: RGL).

With a dividend yield of 8.4% (on a forward basis), this company certainly looks attractive from an income perspective. But why is the market ignoring the business? Well, it is difficult to tell. Regional does have some exposure to retail properties, a sector that has had its fair share of negative headlines recently, although the company’s most significant exposures are the office and industrial market. For example, in the middle of last month, the firm announced the acquisition of eight offices located in Hull, High Wycombe, Stockton-on-Tees, Ipswich, Clevedon, Wakefield, Deeside and Lincoln for £31.4m. And today, the company told investors it has just sold an office building in Cheshunt for £17.3m, generating a profit of £3m since acquiring the site in December 2017.

The value of, and income from, commercial property tends to be much more sensitive to economic cycles than residential property. So, this exposure goes some way to explaining the high dividend yield. That being said, the REIT’s tenant base is extremely well diversified and the average yield on its portfolio is in the high-single-digits. With this being the case, I reckon this defensive income play might be worth a closer look.

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