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Adventurous Journeys Capital Partners (AJ Capital) has acquired The Marine Hotel in Troon, Scotland.
The 89-key hotel positioned along the Ayrshire Coast will be the third Scottish golf property acquired by AJ Capital. With this acquisition, AJ Capital said it will launch Marine and Lawn, a collection of high-end golf resorts, opening in 2021.
The collection will encompass three properties positioned along the Scottish golf coast including Rusacks St Andrews in St Andrews, Scotland; Marine North Berwick in North Berwick, Scotland; and The Marine Hotel in Troon, Scotland.
Former owners Cannock Group and Stellar Asset Management started renovations to the hotel in spring 2020 and these updates will be continued by AJ Capital beginning in late 2020.
Once completed in summer 2021, the “reimagined hotel” will debut with new guest rooms, two unique food and beverage concepts, expansive meeting and event space and an updated fitness and leisure center with an indoor pool, squash court and sauna and steam facilities.
Ben Weprin, AJ Capital Partners founder and CEO, said: “We’re thrilled to share the news of the Marine and Lawn Collection, a hand-crafted hospitality experience for travellers embarking upon once-in-a-lifetime visits to the storied Scottish golf coast.”
“Our background is rooted in restoring iconic community landmarks and creating distinctive spaces for both locals and travellers alike. We are excited to provide memorable destinations that will leave visitors with memories to be cherished for years to come.”
He added: “Whether you’re visiting one property or all three, we look forward to serving as a backdrop for an unforgettable journey.”
