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: Hotels, Venues, Business

Related news

Show more

Spotlight

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!