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Red Lion Hotel sold to private investors

Red Lion Hotel sold to private investors

In this episode we speak to brothers Alex and Adrien Grosjean, young entrepreneurs who have recently acquired The Residence Inn by Marriott Manchester Piccadilly. We discussed the reasons why Manchester’s visitor market is booming, and their decision to invest in this area, why they see extended-stay accommodation as a major opportunity in what is one of the UK's fastest-growing cities, how they plan to enhance their portfolio of hotels, and their advice for the next generation of hospitality disruptors.

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The Red Lion Hotel in Henley-on Thames, has been sold for an undisclosed sum to private investor Grace Leo, in conjunction with Singapore-based shipping entrepreneur and hotel investor, Tim Hartnoll. 

The grade II property houses 35 bedrooms and a large dining and events facilities, the venue also has planning permission to add further bedrooms within the existing footprint.

Henley-on-Thames has strong connectivity to nearby towns including Maidenhead and Reading in addition to rail services to London Paddington and international travel available via close proximity to Heathrow Airport, situated just over 20 miles away.

Leo said: “After a prolonged search, Tim and I are delighted to have acquired The Red Lion Hotel. We see enormous potential for the property especially in a post Covid-19 world in which we envisage that domestic tourism will become increasingly important, and changing working patterns mean that properties such as this have the potential to re-establish themselves as important community hubs.

“Now, we plan to embark on an extensive refurbishment process, drawing on my years spent in France and England, in order to create a chic and comfortable hotel, an excellent restaurant and a convivial meeting place.”

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