Splendid Hospitality Group Acquires (close to) Heathrow Hotel

Main Photo: The Stanwell Hotel, Stanwell, Staines

Date: April 2019

Location: Stanwell, Staines, Middlesex, UK

Name: The Stanwell Hotel

No. of Keys: 53

Seller: TBA

Buyer: Splendid Hospitality Group has acquired The Stanwell Hotel located in Stanwell in Staines.

The takeover of the hotel, situated close to Heathrow Airport, takes Splendid Hospitality group’s UK portfolio up to 20.

Alongside its 53 bedrooms, The Stanwell Hotel is also home to 60 sq mtrs of function room space, plus a fitness studio and a restaurant.

The hotel is Splendid Hospitality Group’s second property in the Heathrow Airport area joining the Ibis Styles London Heathrow Airport East (formerly The Master Robert in Hounslow) due to open later this year.

Vice chairman Nadeem Boghani, said the group was considering ‘appropriate brand options’ for the hotel.

Over recent years, Splendid Hospitality has become the preferred franchise partner for several international hotel brands such as IHG, Choice, Accor and Hilton.

Splendid Hospitality develops and operates a range of hotel styles from budget and mid-scale to five-star.

CEO of Splendid Hospitality Group, Stuart Bailey, said: “We are delighted to welcome the Stanwell Hotel and its team to the Splendid family. This acquisition further cements our foothold at Heathrow airport and surrounding business parks.

The hotel will continue to develop its strong links with the local community and will continue to operate independently as the Stanwell Hotel until we agree the appropriate brand option for the next phase of the hotels’ transition.”

Price: Undisclosed

THPT Comment: Slightly odd buy for Splendid, in terms of size (small) and location…not actually at Heathrow, although nearby…maybe a sign of not enough hotels for sale there, although I suspect we could have found them a branded 200+ room hotel!

First Seen: Boutique Hotelier

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