Hotel Transactions 2011 – Regional
Note: Details of the transactions listed in the tables above are taken from information in the public domain
and Christie + Co cannot warrant their accuracy.
Date
Properties / Properties
Total
bedrooms
Total sale price Purchaser
Vendor
January
Howard Hotel, Edinburgh;
Channings Hotel, Edinburgh
59
£9m
Palm Holdings
Town House Company Ltd
January
Wellington Hotel, Boscastle
15
£1.65m
Cornish Coastal Hotels
Paul Roberts
February Copdock Hotel, Ipswich
76
circa £2m Steve and Jane Denton
Administrators of
Elizabeth Hotels (KPMG)
February Polurrian Hotel, Cornwall
39
£2.3m
Halcyon Hotels & Resorts
The Barlow family
March
Sir Christopher Wren’s House Hotel,
Windsor
95
circa £13m Sarova Hotels
Administrators of
Wren’s Hotel Group
March
Hilton Manchester Deansgate
279
£47.5m
Blue Manchester (Loucas Louca)
Administrators of Beetham
Hotels Manchester (KPMG)
March
Radisson Blu Liverpool
194
£12.5m
Blue Liverpool (Loucas Louca)
Administrators of Beetham
Hotels Liverpool (KPMG)
March
Hilton Brighton Metropole Hotel
328
£39.25m
Topland Group
RBS
April
Malvern Hotel & Spa
32
Undisclosed Huw Watson/Helen Rogers
Administrators of
Malvern Spa (Baker Tilly)
April
Shelleys Hotel, East Sussex
19
Undisclosed Colonnade Hotels
Administrators of Shelleys
Hotel (FRP Advisory)
April
No 10 Hotel, Edinburgh
30
£5m
Shanti Hospitality Group
Louise Koch Leonard
April
White Swan Hotel,
Stratford-upon-Avon
41
Undisclosed Fuller’s
Pebble Hotels
May
Pinewood Hotel, Wilmslow
58
£2.25m
Owners of the Castle Green Hotel, Kendal Menzies Hotels
May
Former Mercure London Gatwick
Airport hotel
257
£40m
Travelodge and PRUPIM
Arora Hotels
May
Mount Hotel, Wolverhampton
66
£3.8m
Aspen Leisure
Administrators of
Blue Cedars Leisure
(
PricewaterhouseCoopers)
May
Winchester Hotel, Winchester
98
Undisclosed Quantum Hotels
Administrators of Pedersen
Hotels (Grant Thornton)
June
Crowne Plaza Reading
122
£12.75m
Redefine Hotels Reading
Administrators of Pedersen
Hotels (Grant Thornton)
June
Eaves Hall, Waddington
34
£3m
James Places
Richardson Hotels
June
Brockencote Hall, Kidderminster
17
£3m
Eden Hotel Collection
The Petitjean family
June
Nottingham Gateway Hotel
108
£4.5m
Exceptional Hotels and Resorts
Administrators of the
Nottingham Gateway Hotel
(
BDO)
June
Sheffield Park Hotel, Sheffield
95
£4m
Longrose Buccleuch, Hotbed (investor
syndicate), Santander Corporate Banking
—
the hotel will be operated as a
DoubleTree by Hilton
Administrators of Pedersen
Hotels (Grant Thornton)
July
Newcastle Airport Hotel (part-built)
179
£25m
Cairn Hotel Group — the hotel will be
operated as a DoubleTree by Hilton
Administrators of Rostock
(
Zolfo Cooper)
20
Business Outlook
2012
