hotel
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Pandox buys Manchester’s Midland Hotel
Swedish investor Pandox AB has agreed to acquire the Midland Hotel in Manchester from Aprirose for £115m. Pandox has partnered Fattal Hotels Group through its European brand Leonardo Hotels on…
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Hot market for Irish hotels
One-third of Irish hotels have changed hands since 2011, with a combined sales value of around €2.4bn (£2bn) over the past five years
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Maven Property completes Inverness hotel deal
Maven Property has completed the acquisition of Ballantyne House in Inverness for a £4.4m Travelodge conversion
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£900m sales relaunch as reservations dissipate
Almost £900m of hotel portfolios are expected to be relaunched for sale next year after Brexit uncertainty hit investor appetite
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Scotland hotels up for grabs as holding company folds
Three hotels put up for sale after Aberdeen-based European Development Company is placed into administration