Tweet
Private equity firm Permira has bought the Hawkstone Park hotel and golf resort in Shropshire for an estimated £11m.
The property will be added to the group’s Principal Hotels operation, which also acquired the St David’s Hotel and Spa in Cardiff last month for £32.5m.
Permira bought Principal Hotels in September 2006 for a price tag in the region of £300m.
Its UK-based portfolio comprises six four-star hotels, including The Russell in London and The George in Edinburgh.
Permira said at the time, the acquisition would provide a “platform for consolidation” in the sector.
AHG tops Permira bid for De Vere >>
By Emily Manson
E-mail your comments to Emily Manson here.
In this week’s issue, guest edited by Raymond Blanc, we explore the important roles of housekeepers.
Watch here
15 May 2012
11 Apr 2012
22 May 2012
25 May 2012
23 Mar 2009
Best of Chef – now available online View it now
23 Feb 2009
05 Jan 2009
18 May 2012
24 May 2012
21 May 2012