“This relationship strategically positions Interstate for abundant future growth and opportunities throughout the region, and our global operating experience paired with long-standing, beneficial relationships with top international brands promise a successful future between Interstate and Sanguine,” said Interstate chief executive Jim Abrahamson.
Hotel Indigo opened last year and is home to the Marco Pierre White Steakhouse Bar & Grill restaurant.
Chairman of Sanguine Hospitality Simon Matthews-Williams said of its new relationship: “From our initial meetings, it was clear that Interstate identified Sanguine as a progressive, successful and ambitious business.
“We are confident that this is the right move at the right time, not just for the business, but also for our excellent staff and loyal customers across our portfolio.”
General manager of Hotel Indigo, Newcastle Adam Munday added: “I am delighted to be at the helm of Hotel Indigo Newcastle during this merger of creative and forward thinking leaders in the hospitality world, and our ethos at Hotel Indigo and the Marco Pierre White Steakhouse will be to continue to exceed guests individual expectations, with a memorable and highly personalised experience.”