Administrators sell off four-star hotels in London & Bromsgrove

By Emma Eversham

- Last updated on GMT

Related tags: Hotel chains, Intercontinental hotels group, London hotels

The Holiday Inn in Bromsgrove is one of two hotels being sold through Christie & Co after it went into administration last year
The Holiday Inn in Bromsgrove is one of two hotels being sold through Christie & Co after it went into administration last year
Buyers are hoping to be found for two InterContinental Hotels Group-branded four-star hotels which went into administration last year.

The hotels - the 131-bedroom Crowne Plaza in Ealing, London and the 110-bedroom Holiday Inn in Bromsgrove - are being marketed through Christie & Co, who have been appointed by administrators Pedersen.  

David Creamore, director of London Hotels for Christie & Co said the London hotel, which is on the market for £16.5m could appeal to an established hotelier or a new entrant to the market. 

“Off the back of recent London hotel sales in 2013, we anticipate the capital’s growing demand for such investments and lack of supply will result in a huge response," he said. 

Gavin Wright, director of hotels at Christie & Co’s Birmingham office, who is marketing the Bromsgrove hotel for £3.95m, said: “Opportunities such as the Holiday Inn Bromsgrove are limited. Situated in the busy Midlands hotel market, close to the main motorway network, this high profile hotel is certain to generate significant interest.”

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