The Coaching Inn Group has announced a double acquisition as the fast-expanding independent coaching inn specialist continues its £20 million expansion programme. The off-market deal, worth more than £5 million, sees the Group purchase two landmark North Yorkshire Inns, The Golden Fleece in Thirsk and The Feathers in Helmsley, from Homfray Hotels, bringing the Coaching Inn … [Read more...]
Search Results for: hotel acquisition
Redcomb Pubs acquires Worplesdon Place Hotel
Redcomb Pubs Ltd, the multiple operator headed up by Dan Shotton and Mark Draper has acquired its latest site through agent Fleurets, The Worplesdon Place Hotel near Guildford, an ex-Beefeater and Premier Inn with 30 bedrooms. Dan Shotton, Managing Director commented: “The Worplesdon Place Hotel is a beautiful building set in 2 acres of gardens with its own lake, and will … [Read more...]
Topland Group announces Hotel Chain for the UK
Topland Group is demonstrating confidence and investment in the UK hotel market by announcing the next phase of their plans for their mid-market hotel portfolio. Following the acquisition of Hallmark Hotels and Menzies Hotels, Topland Group is bringing all twenty properties together under the newly extended Hallmark Hotels brand, from September 2015. Uniting the … [Read more...]
Sir Richard Sutton Estates acquires the Athenaeum Hotel, Mayfair
The Royal Bank of Scotland (RBS) has provided debt funding to Sir Richard Sutton Estates Limited (SRSE) in support of its acquisition of the Athenaeum Hotel on Piccadilly in the Mayfair area of central London. In addition, RBS will make further funding available for the refurbishment of the hotel’s public areas which is expected to commence at the beginning of 2016. The new … [Read more...]
Old Quay House Hotel in Fowey acquired
The Old Quay House Hotel in Fowey has been acquired by Fairtree Hospitality Real Estate Private Equity Fund, managed by Fairtree Capital. It is the fund’s first acquisition in the UK hospitality market. The 11 bedroom waterfront hotel will be managed under the direction of boutique hotel management specialists Providence Hospitality. All hotel employees will remain in their … [Read more...]