Six Hilton hotels sold for total asking price of £40m

By Hannah Thompson contact

- Last updated on GMT

Hilton Dunkeld
Hilton Dunkeld
Six managed regional Hilton hotel properties have been sold for a total asking price of £40m, by individual, undisclosed buyers.

All properties, with the exception of Swindon (pictured, right), have been purchased by buyers clear of the current Hilton branding and management.

They were: Basingstoke, 141 rooms; Bromsgrove, 146 rooms; Dunkeld (pictured, above), 98 rooms; Newbury, 109 rooms; Newport, 148 rooms; and Swindon, 171 rooms.

Christie & Co advised the private vendors in each case.

Hilton-Swindon200x300

Jeremy Jones, head of hotels brokerage at Christie & Co commented: “We are delighted to bring this successful campaign to an end.  The properties were offered on a whole, sub-group or individual sale basis. All of the buyers have recognised the individual opportunities on offer which illustrates the shift in focus to single asset sales.”

Related topics: Business, Venues, Hotels

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