Lake Merritt Group
Lake Merritt Group is a Thailand-based hospitality investment firm with a growing presence in the UK hotel sector. Our reporting covers the group’s strategic acquisitions, including properties such as the Eight Acres Hotel in Elgin, the Hydro Hotel in Windermere, and Braid Hills Hotel in Edinburgh. We analyse Lake Merritt’s investment approach, financial performance, and its impact on the UK hospitality landscape, providing insights into its expansion strategy and operational developments.
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Feb- 2020 -14 FebruaryHotels
Lake Merritt Group acquires Eight Acres Hotel from Crerar Hotels
Eight Acres Hotel has been acquired by Thailand-based Lake Merritt Group, from Crerar Hotel Group off a guide price of £3.5m. The 52-bedroom hotel also features a large bar, Darroch restaurant and an extensive range of meeting and conference rooms. The property also includes a leisure complex including a swimming…
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Jan- 2020 -7 JanuaryHotels
Hydro Hotel closes for multi-million pound refurb
The Hydro Hotel in Bowness-on-Windermere has closed its doors to undergo a multi-million pound refurbishment and is expected to reopen in August this year. The 78-bedroom hotel is set to transform its existing site, which includes a redesign of all guest rooms, function space alongside a new restaurant, open plan…
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Apr- 2019 -16 AprilHotels
7 Hospitality Management appointed new management of The Hydro Hotel
Scottish-based hotel asset management company, 7 Hospitality management, has been awarded the hotel management contract for the recently acquired Hydro Hotel Lake Windermere. The hotel is the sixth UK contract for the business which is headed by managing director Richard Ellison. 7 Hospitality Management supported the investors with the transaction…
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12 AprilHotels
Hydro Hotel acquired out of administration by Lake Merritt Group
The Bowness-based Hydro Hotel has been acquired out of administration by Thai-based hospitality group Lake Merritt Group. The hotel, which is based on the banks of Lake Windermere, entered administration after a large scale renovation project led to cash flow issues. The deal secures the jobs of the Hydro Hotel’s…
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