The Marine Hotel: Iconic golf hotel sold to ‘ambitious’ new owners

By Liam Garrahan contact

- Last updated on GMT

The Marine Hotel: Iconic golf hotel sold to ‘ambitious’ new owners
The Marine Hotel, located on the 18th hole of the famous Royal Troon Golf Course, where next year’s British Open Golf Championship will take place, has been sold to a joint venture between Cannock Investments and Hetherley Capital Partners.

It was sold by Julian Troup, head of UK hotels agency, and Alistair Letham, hotels director of commercial property specialist Colliers International, which had offered it for sale at a guide price of £7m on behalf of The Hotel Collection.

The four-star, 89-bedroom, hotel has seen eight Open Championships at the golf course since its construction at the start of the 20th​ century.

Charles Scudamore, principal of Hetherley Capital Partners, said: “We are obviously delighted to have acquired such a unique hotel with its own sense of identity and rich heritage. Looking at the history of the Marine Hotel, we were immediately taken by its reputation as one of the leading hotels in Scotland and more specifically the importance of the hotel to Ayrshire and its residents.

“We recognise the hotel needs investment to restore its former glory and we are committed to conducting those works as sympathetically as possible. 2016 is obviously a big year for the hotel and for the town of Troon itself and we look forward to playing our part.”

Troup said: “It has been a privilege to act on the sale of such a world-renowned property. As we expected, it attracted a huge amount of interest from both UK and international buyers when it hit the market. Its iconic position overlooking the 18th hole of Royal Troon Golf Course makes it truly unique and I've no doubt the new owners will have ambitious plans for The Marine.”

Related news

Show more

Related products

show more

Align reopening plans with customer expectations

Align reopening plans with customer expectations

Shield Safety Group | 15-Jul-2020 | Technical / White Paper

Understanding the customer is a key step in reopening your business. Customers want to experience a worry-free, relaxing environment and ultimately feel...

Restaurant magazine – digital edition

Restaurant magazine – digital edition

William Reed Business Media | 01-May-2020 | Sponsored Link

In light of the current circumstances and many businesses being closed during this period, Restaurant magazine will temporarily be going digital only....

Restaurant Media Pack 2020

Restaurant Media Pack 2020

William Reed Business Media | 27-Jan-2020 | Technical / White Paper

The Restaurant portfolio continues to be the essential source of news and information for those working within the restaurant industry, helping to navigate...

Sustainability Report

Sustainability Report

William Reed Business Media | 27-Jun-2019 | Technical / White Paper

Six areas to make your restaurant more sustainable.

From growing herbs on the wall to using ethical dairy suppliers, we run-down the key...

Related suppliers


Follow us

Hospitality Guides

View more

Featured Suppliers

All suppliers

Free Email Newsletter

Subscribe to BigHospitality

The trusted industry reference point

Get the latest news & analysis from the UK hospitality sector straight to your inbox!