Today’s news in brief – 16/9/24
Exclusive Collection has expanded its portfolio by adding Ansty Hall, a Georgian manor in Warwickshire, to its seven country-house hotels. After extensive renovations, the hotel reflects local heritage through its design, celebrating Coventry’s weaving and motoring history. The interior, designed by Russell Sage and Trevellion, features regionally crafted art and upholstery. The hotel’s Henry Library, named after the author Henry Cadwallader Adams, showcases his literary works. The on-site restaurant, Woven, is led by Chef Ryan Swift and offers classic British dishes with local flavours. The hotel is also a popular wedding venue with various indoor and outdoor spaces, including The Orangery.
Burgh Island Hotel, located on a private island off the coast of South Devon, has secured a £5.4m refinancing package from Metro Bank. This funding will support refurbishments, including infrastructure upgrades, sustainability improvements, and preserving the hotel’s art deco architecture. Recent projects include water treatment works, a new roof, and cliff erosion defences. Despite receiving offers, the hotel has been withdrawn from the market. Owner Giles Fuchs expressed his commitment to enhancing the hotel while maintaining its historic charm. Metro Bank also sees this investment as aligning with its goals of supporting hospitality growth.
Voco Leicester Hotel has secured a £9.95m funding package from Assetz Capital and Atom Bank to rebrand and refurbish the property under IHG’s Voco brand. The hotel, managed by Kew Green Hotels, is part of a larger plan to convert properties in Leicester and Manchester. The transaction was completed in less than 12 weeks, with Assetz Capital and Atom Bank previously collaborating on other hospitality projects. The funding will enable the Voco Leicester Hotel to achieve its strategic growth objectives and contribute to its broader rebranding efforts.
Construction has begun to convert Edinburgh’s historic Jenners building into a 90-room boutique hotel. The project will include the restoration of the building, which dates back to 1895, and the addition of cafés, bars, and restaurants. Led by Graham Builders and David Chipperfield Architects, the development aims to sensitively restore this iconic structure while adapting it for modern use.
