Located in Snowdonia National Park, The Swallow Falls Hotel has 19 bedrooms and an adjoining hostel with campsite.
The site will be closed while The Inn Collection Group begins an immediate restoration of the building, which is located alongside the famous Swallow Falls waterfall in Betwy-y-Coed.
The Swallow Falls Hotel is the Alchemy-backed group’s seventh purchase of 2021 with more acquisitions in the pipeline as it continues to expand with strategic ‘buy and build’ growth plans, supported with banking via OakNorth.
The Inn Collection Group is the leading company in the UK for individual acquisitions and the pub company with the highest number of bedrooms per site in the UK.
Earlier this month, the group added to its collection with the purchase of the 38-bedroom The Dower House Hotel in Knaresborough, Yorkshire.
The Inn Collection Group’s estate includes sites in Northumberland, County Durham, Tyne & Wear, Cumbria, Lancashire and Yorkshire. Plans have recently been approved for a 42-bedroom new build site on the seafront in Redcar, Teesside.
Its Eat, Drink, Sleep and Explore pubs-with-rooms brand combines an all0-day food offer with affordable accommodation.
Earlier this month, The Inn Collection Group opened its a ‘street-food inspired’ pub with rooms in the Lake District.
The Temperance Inn in Ambleside is the first in the group’s 26-site estate to have a dedicated street food service, offering take away food and drink alongside its 85 cover dining room, which is open all through the day.
The north-east based operator has reopened its 27-bedroom site following a multi-million pound refurbishment.
“Due to the sheer volume of visitors the Lakes receives seated table space can be at a premium in peak season,” says operations director David Campbell.
“The Temperance Inn’s street food concept will not only deliver high quality food and drink fare but will reduce wait times for customers, leaving them free to crack on and enjoy their time out in the Lakes.”