Increase in the number of hotel
deals completed in 2011 compared
with the previous year
Of the hotels sold by Christie + Co
in 2011 were distressed
9.6%
52%
Date
Property / Properties
Total
bedrooms
Total sale price Purchaser
Vendor
August
Fishers Hotel, Pitlochry
130
£3m
Castle Hotel Group
Crerar Hotels/LaSalle Investment
Management
August
Grand Jersey
123
Undisclosed West Register (Hotels No 2)
Delancey
August
Malmaison hotel, Aberdeen
80
£16.1m
CIP Property (AIPT) Limited — sale
and leaseback
MWB Group Holdings
August
Premier Inn, Manchester City Centre
228
£20.1m
for mixed
development
Circus Invest – Premier Inn retains
management contract
Clients of LaSalle Investment
Management
August
Swallow Bower Hotel, Manchester
88
£1.85m
Blue Training
Matrix Property Management
August
Scarisbrick Hotel, Southport
88
£3.25m
Britannia Hotels
Pre-pack administration (BDO)
September Ramada, Crewe
64
Undisclosed
Blackmore Fund — to be rebranded
as Holiday Inn Express managed by
Chardon Management Ltd
Ramacourt Ltd
September Hilton Glasgow Grosvenor
96
£9.45m
Private Investor
RBS
September Hilton Glasgow City
319
£35.7m
Topland Group
RBS
September Best Western Salford Hall, Evesham
36
£2.25m
Skylane Limited
Administrators of Cube Hotels
(
Zolfo Cooper)
October
Best Western West Grange Hotel, Newbury 62
£3m
Hawk Investments
Administrators of Cube Hotels
(
Zolfo Cooper)
October
Ramada Bristol City
201
Undisclosed Focus Hotels
Administrators of Ramada Jarvis
(
Grant Thornton)
October
Free Trade Hall Hotel Manchester
263
£37.5m
Jasminder Singh (Edwardian Group)
Administrators of Free Trade Hall
Hotels (Grant Thornton)
October
The Samling, Cumbria
11
Undisclosed Private buyer
Administrators of von Essen Hotels
(
Ernst & Young)
October
Bishopstrow House, Wiltshire
32
Undisclosed Longleat Enterprises
Administrators of von Essen Hotels
(
Ernst & Young)
November Thorn Island, Pembrokeshire
n/a
Undisclosed Kent Mushrooms Limited
von Essen Hotels Limited (in
administration: Ernst & Young)
November
Greenway Hotel & Spa, Cheltenham; The
Mount Somerset
2
hotels
(36
rooms)
Undisclosed Eden Hotel Collection
Administrators of von Essen Hotels
(
Ernst & Young)
November Homewood Park Hotel & Spa, Bath
21
Undisclosed Longleat Enterprises
Administrators of von Essen Hotels
(
Ernst & Young)
December
Callow Hall, Derbyshire
16
Undisclosed Private buyer
Administrators of von Essen Hotels
(
Ernst & Young)
21