Bespoke Hotels has purchased the Caledonian Hotel, Fort William; the Great Western Hotel, Oban and the Pitlochry Hydro from Coast & Country Hotels, along with the Marine Hotel in Llandudno, part of eighteen Coast and Country Hotels put on the market earlier this year.
The deal follows the five-year management deal that Bespoke agreed for the collection in 2020 after Shearings Hotels went into administration, taking over the running of nearly all of the Bay, Coast & Country and Country Living collection.
Bespoke Hotels Co-founder and Chairman Haydn Fentum said, “I’m delighted to announce the acquisition of these four regional hotels, which represent a significant step forward in our growth strategy. These properties align perfectly with our vision of offering exceptional hospitality experiences across the UK. We are confident that our expertise in management and operations will enhance the value of these assets and provide our guests with even more choices.”
Jeremy Jones, Director at Christie & Co, who handled the sale said, “The sale of these four hotels to Bespoke and their investor partners is further evidence of the real momentum in the regional UK hotels market. Christie & Co anticipate further deals being announced in the weeks ahead which will include regional commercial and leisure focussed hotels.”