Acting on behalf of Starwood Capital’s Louvre Hotels, the investment advisory firm Christie + Co is marketing the company’s UK group of 18 hotels, which comprises 17 Campanile assets and one Première Classe-branded property, including the Campanile in Swindon.
These hotels, which are a mixture of freehold and long leasehold sites, are spread across the UK in key locations such as Cardiff, Glasgow, Birmingham, Liverpool, and Manchester. The 18-strong portfolio, which includes a Première Classe-branded hotel in Coventry, comprises 1,549 bedrooms in total.
The purpose-built, 120 en suite-bedroom Campanile Swindon, which is located approximately five minutes from Junction 16 of the M4 motorway, features a restaurant, a bar, a meeting room with a total capacity for 80, and a large car park.
Campanile is Louvre Hotels’ leading two-star chain, operating in nine European countries through a network of more than 380 hotels and restaurants.
Available with the benefit of a management contract with Louvre Hotels under its Campanile brand, this is a rare opportunity to acquire a whole group of hotels in one transaction.
Jeremy Jones, Director at Christie + Co, said: “The opportunity to acquire over 1,500 bedrooms in some of the UK’s best trading locations is something of rarity. To secure a leading flag on these assets by means of a management contract with Louvre Hotels makes this deal even more exciting.
“We anticipate a strong response reflecting the quality of the opportunity and the ability to keep growing one of Europe’s best known hotel brands.”
For details contact Mark Wingett on 020 7227 0794; firstname.lastname@example.org