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Holiday Inn portfolio for sale – and attracting early interest

By James Russell: Holiday Inn portfolio for sale – and attracting early interest

May 30, 2014

A portfolio of 21 Holiday Inn hotels is up for sale, with specialist property adviser Christie + Co already experiencing great interest.

The hotels stretch from Washington, Tyne & Wear to Portsmouth in the south — and many points between (full list below).

Offers in excess of £70 million are sought for the whole group, although offers for small groups or individual hotels will be considered — guide prices for individual hotels are being made available to serious potential bidders.

Jeremy Jones, Director of Corporate Hotels at Christie + Co, says: “Strong interest has already been shown in all the hotels, which are being offered free of management and with an interim Holiday Inn franchise agreement until the end of this year, and as such we have set a first round offer deadline of 11 June.”

Offers for any, some or all the hotels, should be made by 12 noon on Wednesday 11 June in writing to jeremy.jones@christie.com or by recorded delivery to Jeremy Jones, Director, Christie + Co, Whitefriars House, 6 Carmelite Street, London EC4Y 0BS.

The full list of hotels is:

  • Holiday Inn Ashford, Kent
  • Holiday Inn Rochester
  • Holiday Inn Birmingham (M6 J7)
  • Holiday Inn Stoke-on-Trent (M6 J15)
  • Holiday Inn Chester South
  • Holiday Inn Haydock (M6 J23)
  • Holiday Inn Lancaster
  • Holiday inn Runcorn
  • Holiday Inn Warrington
  • Holiday Inn Colchester
  • Holiday Inn Ipswich
  • Holiday Inn Norwich
  • Holiday Inn Derby/Nottingham
  • Holiday Inn Rugby/Northampton
  • Holiday Inn Taunton (M5 J25)
  • Holiday Inn Swindon
  • Holiday Inn Leeds Brighouse
  • Holiday Inn Leeds/Wakefield (M1 J40)
  • Holiday Inn York
  • Holiday Inn Portsmouth
  • Holiday Inn Washington

For more information click here

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