Mulbourn buys another Folio Hotel

Mulbourn, the company formed by senior managers at the former Folio Hotels group, has added another hotel to its portfolio, saving 79 jobs.

The four star Makeney Hall in Belper, Derbyshire becomes the nineteenth Folio Hotel to be bought by the new group after the company fell into administration in December 2008.

Earlier this month, Mulbourn, led by managing director Matthew Welbourn and finance director Alan Murray, announced it was taking over 18 Folio Hotels across the country, saving 1,200 jobs. The company also part manages one hotel in Canterbury.

Mulbourn’s sales director Nick Greaves said the group was pleased to have reached an agreement over the hotel’s sale.

He said: “The hotel has established itself well in the market place both as a key corporate choice for accommodation and meetings and for weddings. We will be honouring all bookings and are very keen to get some new business on the books as soon as possible.”

This latest deal means that administrators MCR now have three Folio Hotels left to sell. Bespoke hotels bought 13 of the group’s 36 sites in December.

Hotels now owned by Mulbourn are Makeney Hall, Derbyshire; Barns Hotel, Bedford; Brownsover Hall, Rugby; Charlecote Pheasant, Stratford-upon-Avon; Durley Dean, Bournemouth; Etrop Grange, Manchester Airport; Hall Garth Country Club, Darlington; Harpenden House, Hertfordshire; Harte & Garter Hotel & Spa, Windsor; Maids Head Hotel, Norwich; Princess on Portland, Manchester; Yorkshire Hotel, Harrogate; Highfield House, Southampton; Richmond Gate and Richmond Hill Hotels, Richmond-Upon-Thames; Buckerell Lodge, Exeter; Ballachulish and Isles of Glencoe hotels, Argyll and the Caledonian Hotel Oban.

MBO confirms future of 18 Folio Hotels

Bespoke steps in to save Folio Hotels