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The Pike and Eel Hotel

US hotel group expands into UK

A US-based hotel group has acquired two UK hotels after receiving funding from Natwest.

The group, which operates as ‘Cambridgeshire Hotels’ in the UK, was given a £1.8m loan to help it buy The Dolphin and The Pike & Eel in St Ives, Cambridgeshire.

Cambridgeshire Hotels was created by Oklahoma-based Aston Management Company.

The Dolphin hotel will undergo a number of refurbishments and its launch under the new company has created 11 new jobs at the guesthouse.

Ravi Gupta, managing director of Cambridgeshire Hotels, said: “We will continue to operate these fantastic hotels as independent, family-run hotels, retaining their character while looking to make improvements wherever possible.”

About Shekina Tuahene

Shekina Tuahene
Shekina is a multimedia journalist who has lived in London all her life. She is an alumnus of University of Greenwich and Brunel. Shekina loves to read, travel, socialise and listen to music. If you have any story or feature ideas, feel free to drop her a line.

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