Hard Days Night Hotel has added to its ever-expanding trophy cabinet having been crowned ‘Luxury Grand Hotel of the Year’. Following its acquisition by Millennium Hotels & Resorts in August of last year, the Beatles inspired hotel was selected by the Luxury Travel Guide Awards due to its outstanding reputation, premium amenities and high standards of customer … [Read more...]
Search Results for: hotel acquisition
Coaching inns operator expands following acquisition
Independent coaching inns operator, The Coaching Inn Group has further strengthened its expansion programme with the acquisition of the Kings Head in Richmond. The deal, achieved off an asking price of £2 million, is part of the Group’s £20 million expansion plan, which will see it acquire five more sites this year alone. Previously owned by Ashdale Hotels, the 26-bed … [Read more...]
Completion of acquisition of building in Manchester
easyHotel, the owner, developer, operator and franchisor of “super budget” branded hotels, confirms it has now been granted planning permission for a 116 room easyHotel at Bradley House in Manchester and the acquisition of the building has completed. The hotel is expected to open in 2016/2017 financial year. htm sponsor hotel information at H&C News … [Read more...]
UK hotel investment reaches nine-year high at £8.1 billion
International real estate advisor Savills has reported that total transaction volumes in the UK hotel market reached £8.1 billion in 2015, the highest level since the £8.3 billion record in 2006. The figure also marks an increase of 31.6% on the £6.1 billion full year total in 2014. Transaction volumes double Transaction volumes in the London hotel market doubled to £3.6 … [Read more...]
Surya Hotels acquire multi-million pound Dragonfly portfolio
The rapidly expanding Surya Hotels group has swelled its portfolio by a further four hotels after announcing the acquisition of a multi-million pound line up of Dragonfly Hotels. RBS appointed Colliers International’s Hotel Agency Team to sell the Dragonfly portfolio in July 2015. The chain, which operates in five key locations across East Anglia, has an estimated joint … [Read more...]