Lone Star’s UK "Hotel Collection" On the Market

April 16, 2016 Redazione

Private equity firm Lone Star, has put 10 of its UK “Hotel Collection” hotels on the market. Known as “Project Solstice” the 10 hotels have been put on the market for £130 million. In 2015 the ten hotels, with combined 1,433 rooms, had total revenues of £48 million. Project Solstice includes the Majestic Hotel; The Old Ship Hotel; The Redworth Hall Hotel (pictured); The Imperial Hotel; The Billesley Manor Hotel; The Imperial Hotel; The Shrigley Hall Hotel, Golf and Country Club; The Stirling Highland Hotel; The Aberdeen Altens Hotel; and Angel Hotel. Seven of the hotels are located in England, two are in Scotland and the tenth is in Wales. The Hotel Collection is comprised of three and four star hotels, and will maintain two of its properties. It is still unknown if properties can be purchased individually. 

Leave a Reply

Your email address will not be published. Required fields are marked *



Related Articles