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Today’s news in brief – 03/10/23

Hotel Owner

The 201-bedroom Voco St John’s Solihull hotel is up for sale at a price of £25m. Potential investors can explore asset management opportunities, including energy efficiency improvements and the reinstatement of planning permission for 88 additional bedrooms, making it an attractive prospect for hotel investors.

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Today’s news in brief – 2/1/24

Hotel Owner

Shepherd Neame has completed a £500k refurbishment of The Royal Albion Hotel in Broadstairs. Five en-suite bedrooms underwent a complete transformation, featuring new furniture, décor, and luxury bathrooms. The initiative enhances networking opportunities with local managers and contributes to students’ future employability.

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Today’s news in brief – 4/4/23

Hotel Owner

The freehold of Lincombe Hall Hotel and Spa, located in Torquay, Devon, is up for sale at £4.25m. The property boasts 44 recently refurbished en suite bedrooms, a luxury five-bubble spa, and two self-catering apartments. Hilton has acquired a majority stake in Sydell Group to expand its NoMad Hotels brand globally.

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Heart of Midlothian football club to open Tynecastle Park hotel

Hotel Owner

Scottish Premiership football club, Heart of Midlothian, has unveiled its plans to launch a new 25-bedroom hotel and events space as part of its growth plans in early 2024. The Tynecastle Park Hotel will offer a choice of individually styled guest rooms, including family, executive and accessible rooms.

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Today’s news in brief – 14/11/23

Hotel Owner

This transaction, recognised as one of the largest real estate refinancings in 2023, involved existing lenders Waterfall Asset Management and Värde Partner. The McKeever Hotel Group, celebrating its 30th anniversary, announced a strategic three-year plan aimed at increasing turnover to £60m. for the freehold.

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Browns Hotel in Dartmouth brought to market for £1.45m

Hotel Owner

Browns Hotel, a townhouse property located in Dartmouth on Victoria Road within close proximity to the town centre shops and cafes, has been put on the market for an asking price of £1.45m. . Dartmouth is also home to the Britannia Royal Naval College. We expect this to be a highly sought after asset with strong demand from a range of buyers.

Marketing 105
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Inn Collection Group acquires The Links Hotel in Northumberland

Hotel Owner

The Inn Collection Group has acquired The Links Hotel in Seahouses, Northumberland, for an undisclosed amount. The Links Hotel comprises a bar, restaurant, and 10 en-suite bedrooms, as well as a car park and a decked terrace. The Links Hotel very much counts as one of those.”

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