News in brief: Whitbread, Hero Group, Switzerland

Whitbread sales up:  British hospitality group Whitbread reported a 4.8% year-on-year increase in sales in June, July and August.

Read more at Financial Times


Strong franc hurts Swiss hoteliers:  The surge in value of the Swiss franc against the euro is causing a decrease in tourism to Switzerland, according to new government figures.

Read more at The Independent


Hero Group buys 5-star project:  India’s Hero Group bought a 280-room, 5-star hotel construction project in Gurgaon, India.

Read more at DNA India


CBRE selling London development sites:  CBRE Hotels revealed on Tuesday that it is marketing the sale of two separate London hotel developments for a total of US$184 million (£115 million).

Read more at Property Week