Twelve properties from the Menzies Hotels portfolio have been bought out of administration by international property and investment firm The Topland Group for more than the initial £80m asking price.
QHotels, the owner and operator of 21 venues across the UK including The Midland in Manchester, has announced it has successfully secured a refinancing agreement for the business and has placed the group's original holding company into administration.
MWB Group, the company behind Hotel du Vin and Malmaison, has today confirmed the sale of two Bistro du Vin restaurants in London to the owners of the Burger & Lobster brand for £1.2m.
