Splendid Hospitality Acquire Holiday Inn London Brentford Lock
Main Photo: The Holiday Inn at Brentford Lock
Date: July 2022
Name: Holiday Inn London Brentford Lock
Location: Overlooking the water at Brentford, Middlesex, England, UK
Number of Keys: 134
Seller: Brightbay Real Estate Partners
Buyer: Splendid Hospitality
Splendid Hospitality Group has announced the acquisition of Holiday Inn London Brentford Lock from Brightbay Real Estate Partners.The Holiday Inn London Brentford Lock is a four-star, full-service hotel offering 134 bedrooms and six meeting rooms capable of accommodating 500 delegates. The hotel is located 20 minutes from central London by train and 20 mins from London Heathrow Airport.
Commenting on the new acquisition, Nadeem Boghani, Vice Chairman of Splendid Hospitality Group, said: “We built this asset some 17 years ago and are excited to have this back in our fold. Various asset enhancement opportunities for this hotel are currently being considered which we hope to announce soon. This is an exciting time for Splendid Hospitality as we look forward to further expansion with new acquisitions.”
Stephen Oakenfull, CEO of Brightbay Real Partners, said: “Having experienced a strong recovery in the hotel market, the disposal of the Holiday Inn London Bretford Lock marks a successful step in our strategy of focussing on the limited-service sector in London and Edinburgh.”
This includes some 17 UK hotels, mostly Holiday Inn Express (10) and 5 Travelodge hotels, as well as the odd Crowne Plaza (Reading) and a DoubleTree by Hilton (Edinburgh).
Over the past 20 years, Splendid have built an excellent reputation operating a range of budget, luxury and boutique hotels across the UK, including York, London and Edinburgh.
They have built and now operates an impressive portfolio of 24 properties, from independent hotels to major brands including IHG, Accor and Hilton, which include The five-star Grand York, and luxury boutique hotel in Oxford, Vanbrugh House Hotel. The 22-bedroom property in the City of Dreaming Spires offers an authentic sense of place, surrounded by elegant architecture and stunning riverside walks. They also have Hilton London Bankside situated by the Tate Modern and a Holiday Inn Express Gatwick – Crawley.
Price: Undisclosed
THPT Comment: Both companies have done well over the years…Splendid we know well….Brightbay less so, but some great locations for both.
First Seen: Hospitality & Catering News
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