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The Coaching Inn Group has acquired The Feathers Hotel in Ledbury, Herefordshire, as part of a £50 million expansion programme.
The acquisition for an undisclosed sum, takes the Coaching Inn Group to 14 properties and more than 400 rooms.
The Coaching Inn Group is backed by Business Growth Fund (BGF), which has invested £15m since March 2015 to support the Group’s expansion.
Owned by the Elliston family for more than 40 years, the 21-bedroom Feathers Hotel is situated on the High Street of Ledbury and has operated as a hotel since 1564.
Each of the Tudor-era bedrooms are individually designed, and also features a brasserie with a hop clad ceiling and a restaurant which seats 60 and acts as an event space for the town.
The Coaching Inn Group CEO, Kevin Charity, said: “We’re delighted to have acquired the Feathers Hotel. It’s a great example of the attributes we look for in our properties: a busy market town location and a business that appeals to local people as well as discerning visitors and tourists.
“The property also benefits from a passionate team and we look forward to welcoming them into the Group and supporting them with the excellent work they do.
“The past 12 months have seen us invest more than £4 million refurbishing our existing properties and this latest acquisition, part of our £50 million expansion plan, puts us on track to have 25 properties in the next two years.”
