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QHotels buys hotel group Marston for £180m

(14 November 2006 15:00)
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Leeds-based QHotels Group has bought the 12-strong luxury hotel group Marston hotels for £180m.

The acquisition takes QHotels’s portfolio to 21.

Michael Purtill, QHotels’s managing director said the company would be looking to develop Marston’s health and leisure brand Reflections across the whole group.

He added a major investment and development plan for the extended group would be announced in the New Year.

QHotels was formed in 2003 by Michael Purtill, Ian Goulding and David Taylor in partnership with investment company Alchemy Partners.

Property agents Jones Lang LaSalle hotels handled the sale.

Marston launches conference booking system >>

Hoteliers warn of scam >>

Article continues below

 
QHotels buys property in Kent >>

By Emily Manson

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7th September 2008