Eden Hotel Collection has announced the acquisition of the 64-bedroom Bovey Castle estate in the heart of Dartmoor National Park. It has bought the award-winning Bovey Castle for an undisclosed sum and is planning a major investment in the country house estate, which today includes an 18-hole championship golf course, spa, country lodges and an outdoor pursuits centre.
The deal follows hard on the heels of an announcement in April of the company’s £13.5m planned investment in the 35-bedroom Tides Reach Hotel in Salcombe, South Devon, which will be redeveloped to create a 50-bedroom luxury beachfront hotel and spa.
Restoring Bovey Castle to its former glory
Commenting on the Bovey Castle deal, Eden Hotel Collection’s Managing Director Mark Chambers said he was thrilled by the opportunity to restore the hotel to its former glory and to re-establish it as the principle resort in the South West. Around £2m will be spent on renovation and improvements.
“Bovey Castle is a key acquisition for the group and will add to our existing properties in Somerset, Kingsbridge and now Salcombe. It establishes us as a major force in the hotel and tourism sector across the region.
“Restoring this iconic hotel and its estate is an exciting project for our team. This famous property has a national and international reputation for excellence and we are very much looking forward to cementing its place as the jewel in the crown of the leisure industry in the South West,” said Mark.
Part of The Rigby Group
Eden Hotel Collection is part of The Rigby Group plc. Formed in 1975, The Rigby Group is the parent company for a portfolio of privately owned and highly successful businesses operating across Europe, the Middle East and North Africa.
Rigby Group has diversified from its origins as a principally technology-led business and evolved – through smart, strategic acquisitions – into a £1.8 billion business with interests in the technology, airports, hotels, real estate, financial and aviation sectors. Rigby Group businesses include Europe’s largest independent technology provider SCC, British International Helicopters, the Eden Hotel Group, international property developers Rigby and Rigby and Regional & City Airports.
In addition to Tides Reach and Bovey Castle, Eden Hotel Collection has seven luxury hotels and spas. Buckland Tout-Saints Hotel, Devon; The Mount Somerset Hotel and Spa, Somerset; The Kings Hotel, Chipping Campden; The Arden Hotel, Stratford-upon-Avon; Brockencote Hall Hotel, Worcestershire; The Greenway Hotel and Spa, Cheltenham; and Mallory Court, Leamington Spa.
To find out more about Eden Hotel Collection click here and for Bovey Castle’s website click here