Latest NewsPermira buys Hawkstone Park for £11m(10 April 2007 17:23)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. Article continues below
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