Dawnay Shore appoints financial advisers to oversee strategic review

Dawnay Shore Hotels has appointed financial advisers to undertake a strategic review of the company’s business.

NM Rothschild & Sons and Shore Capital and Corporate have been appointed as joint financial advisers to look into the possible benefits of transferring the company’s property assets into a REIT or to sell the company as a whole.

The review is being undertaken to ensure that the company assets are delivering the best possible shareholder value.

The Hotel Corporation owns 49.9% of Dawnay Shore hotels which runs 20 four-star regional hotels operating under the Paramount brand, including the Lygon Arms, the Paramount Carlton Hotel and the Paramount Oxford Hotel

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By Emily Manson

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