View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
February 15, 2011

Alternative Hotel Group Plans UK Portfolio Sale

Alternative Hotel Group is to sell all or part of its £800m ($1.2bn) portfolio of luxury hotels in the UK. The hotel group, which is 50% owned by Lloyds, appointed property advisers DTZ and Gerard Nolan & Partners to examine the sale options, according to scotsman.com.

By cms admin

Alternative Hotel Group is to sell all or part of its £800m ($1.2bn) portfolio of luxury hotels in the UK.

The hotel group, which is 50% owned by Lloyds, appointed property advisers DTZ and Gerard Nolan & Partners to examine the sale options, according to scotsman.com.

Alternative Hotel Group’s properties include Cameron House in Dunbartonshire, the 169-room Dunstan Hall in Norfolk and Slaley Hall in Northumberland.

The UK-based group also owns brands Hotel du Vin, De Vere Hotels, G&J Greenalls and Greens Health and Fitness, as well as the 78-bedroom Barony Castle Hotel, near Peebles.

Lloyds acquired a 50% stake in the group as part of its takeover of HBOS.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Hotel Management Network