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UK hotel portfolio for sale – 2000 guest bedrooms

By James Russell: UK hotel portfolio for sale – 2000 guest bedrooms

February 17, 2014

A collection of 11 hotels operated by QMH UK under the Crowne Plaza, Holiday Inn and Best Western PLUS brands are being presented to the market by specialist property adviser Christie + Co.

The nationwide portfolio consists of approximately 2,000 bedrooms within three Crowne Plaza hotels, seven Holiday Inn hotels and one Best Western, located in key trading locations from Glasgow to Plymouth. The group has benefited from an ongoing extensive multi-million pound refurbishment programme with recent investments in key assets including Crowne Plaza Glasgow, Holiday Inn Stratford-upon-Avon and Crowne Plaza Chester.

The hotels are:

  • Crowne Plaza Chester, 160 bedrooms
  • Crowne Plaza Glasgow, 283 bedrooms
  • Crowne Plaza Nottingham, 210 bedrooms
  • Holiday Inn Doncaster, 102 bedrooms
  • Holiday Inn Harrogate, 214 bedrooms
  • Holiday Inn Luton South, 140 bedrooms
  • Holiday Inn Peterborough West, 133 bedrooms
  • Holiday Inn Plymouth, 211 bedrooms
  • Holiday Inn Solihull, 120 bedrooms
  • Holiday Inn Stratford-upon-Avon, 259 bedrooms
  • Best Western Plus Reading Moat House, 129 bedrooms

Jeremy Hill, Christie + Co, says: “A portfolio of this standing  presents an unmissable opportunity to acquire a high quality, well invested nationwide group of hotels with a profitable trading profile and a leading management team in place. It is a particularly attractive proposition given the growing momentum in the regional hotel marketplace.”

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