Gleneagles Hotel acquired by Ennismore

Gleneagles Hotel and resort in Perthshire, Scotland, has been acquired by London-based hospitality group Ennismore for an undisclosed sum. 

The 232-bedroom hotel and resort was sold by drinks company Diageo, which had owned the property for more than 31 years.

Ennismore, which owns the The Hoxton brand of hotels, said that it plans to run Gleneagles as a standalone business. It is unknown how much the company paid for the hotel, although back in February it was rumoured that the hotel had gone on the market with a price tag of more than £200m.

The group is expected to retain the existing management of the hotel and its staff, as well as investing ‘significant sums’ across the estate, comprising three golf courses, two michelin star restaurants and a spa with 18 treatment rooms.

Sharan Pasricha, founder and chief executive of Ennismore, said: “We will be proud guardians of this asset, ensuring that the service-levels and visitor experience for which Gleneagles is renowned are preserved and enhanced in the years to come.”

Bernard Murphy, managing director at Gleneagles Hotel, said: “We very much look forward to working with Ennismore, and are excited about the possibilities of this new chapter in Gleneagles’ history.

“For the moment our priority is, as always, to provide fantastic customer service and memorable experiences for our guests, so that Gleneagles can continue to flourish in the future. In the meantime, it’s very much business as usual for our members, staff and guests, and forward bookings will be unaffected.”