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The Hotel Collection has brought to market a portfolio of 10 iconic regional hotels in the UK for a guide price in excess of £130m.
The 10 properties, known as Project Solstice, feature a combined 1,433 bedrooms and 111 meeting rooms along with numerous restaurants, gyms and health spas.
Savills and Rothschild, which are jointly representing the company, said the properties produced a total revenue of £48m in 2015.
In England, the portfolio includes: The Majestic hotel, Harrogate; The Old Ship hotel, Brighton; The Redworth Hall hotel, County Durham; The Imperial hotel, Torquay; The Billesley Manor hotel, Stratford-upon-Avon; The Imperial hotel, Blackpool and The Shrigley Hall Hotel, Golf and Country Club, Macclesfield.
In Scotland and Wales, it encompasses The Stirling Highland hotel, Stirling; The Aberdeen Altens hotel, Aberdeen and The Angel hotel, Cardiff.
Martin Rogers, head of UK hotel transactions at Savills,said: “We are pleased to be bringing this significant collection of hotels to market. The distinctive heritage and character of each property has been maintained while generating a robust collective income.
“The portfolio also offers numerous value-add and asset management opportunities to further enhance the long term revenue.”
