Family run hotel business JMK Group has secured £15m financing from OakNorth Bank for the buyout of its Seraphine hotels in Kensington, W8, and Hammersmith, W6.
The capital will also be used to upgrade JMK’s Seraphine hotel in Kensington, which will include the refurbishment of 40 existing rooms, turning it into a four-star hotel.
Zain Kajani, director of JMK, said: “The hospitality market is ever-changing so we are always looking forward and regularly review our business strategy to ensure we’re staying on top of emerging trends and customer expectations.”
