Andrew Brownsword Hotels has announced today that it is in the process of acquiring the Old Swan & Minster Mill in the Cotswolds. With contracts exchanged, the deal expects to complete within a week and will see the property become the 13th in the Andrew Brownsword Hotels collection. Owned by the de Savary family for the last six years, recent investment has seen the … [Read more...]
Search Results for: hotel acquisition
Splendid Hospitality Group expands regional portfolio with fourth hotel in York
The Splendid Hospitality Group strengthens its presence in York with the acquisition of the Ibis York Centre hotel. Stuart Bailey, CEO for the Splendid Hospitality Group says: “This is a strategic acquisition for Splendid Hospitality and an ideal fit for our expanding regional portfolio with three existing hotels in York. The Ibis York Centre hotel boasts one of the most … [Read more...]
AccorHotels to turn HotelInvest into a subsidiary to accelerate its growth
After three years of transformation that have resulted in the development of two well-structured, strategically related business lines with record performances, AccorHotels is pursuing its strategy of continuous improvement and significant expansion by initiating a project to create a dedicated subsidiary for its HotelInvest operations. The aim of the project is to … [Read more...]
Shepherd Neame completes pubs acquisition
Further to the announcement on Friday 10 June 2016, Shepherd Neame, the Kent-based brewer, pub and hotel operator, has completed its discussions with Enterprise Inns plc which has resulted in the purchase of seven freehold pubs in Kent, Sussex and Surrey. The purchase of the eighth pub is expected to complete in due course. The pubs are: Chequer Inn in Steyning, West … [Read more...]
Top Hotel News May
Record-breaking £5.89 billion invested in hotels in 2015 Premier Inn awarded which? Travel brand of the year Expanding UK portfolio for Interstate Best Western celebrates best ever TripAdvisor scores New hotel honours city’s industrial heritage Travelodge acquires 2 Ramada's and 1 Days Inn Tripadvisor recommends Ascot House Hotel Redefine|BDL Hotels digital marketing … [Read more...]