MONTH IN REVIEW
MONTH IN REVIEW
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AWARDS HOTEL SALES
Hotel 41, located opposite Buckingham
Palace in Victoria, London, has been
named the top UK hotel for the third
year running in TripAdvisor’s 2019
Travellers’ Choice awards.
The hotel, which features Savoir beds
and a personal butler service, as well
as staff who outnumber guests two to
one, also celebrated placing sixth in
Europe and 15th in the world. The Hydro Hotel in Bowness on
Windermere, Cumbria, has been
brought on the property market off a
guide price of £2.5m.
The former manor house features
78 en-suite bedrooms, a restaurant
and well-furnished grand public areas.
The property also has conference and
meeting rooms, suitable for weddings
and business seminars and leisure
facilities including a heated indoor
swimming pool and substantial staff
accommodation.
Julian Troup, head of UK hotels
agency at Colliers International, said:
“We are delighted to bring the Hydro
Hotel to the market. It is an established
and well-known hotel operating with a
healthy trading base.
“Our instructions were that it should
be “priced to sell” and consequently we
are anticipating a favourable response
to the marketing, particularly bearing
in mind it is so rare to see a substantial
Lakeland hotel with panoramic views
coming to the open market.”
He added: “The hotel was acquired
by the current owners in 2015 and has
been the subject of a circa £1,700,000
refurbishment to most of the public
areas and a substantial number of the
“lake view” bedrooms.”
Hotel 41 named
top UK hotel
third year in row
by TripAdvisor
For the second year running, Devon’s
Tavistock House Hotel has been
awarded best small hotel in the UK,
with the Elm Tree Hotel in Llandudno
named as both the UK’s most romantic
and best for a bargain.
Premier Inn London City (Aldgate)
Hotel took the top spot for best for
families, and the best service award
was given to the Lawton & Lauriston
Court Hotel in Llandudno.
A statement by the group read:
“Travellers’ Choice awards take into
account the quality and quantity of
traveller reviews and opinions specific
to each award category. The hallmarks
of Travellers’ Choice winners are
remarkable service, quality and value.”
We’ve been exploring
opportunities to invest in
Paddington for some time
now and are very excited at the
prospect of gaining a presence
for Premier Inn there
Jonathan Langdon, acquisition manager
Central London, Whitbread
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www.hotelowner.co.uk
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Hydro Hotel in
the Lake District
brought to
market for £2.5m
Editorial Correction
In the December 2018 issue of Hotel Owner,
on page 12, the wrong image was used for
the story on the relaunch of Grosvenor Hotel
as the new Amba Hotel Victoria. The correct
image can be found below:
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HOTEL OPENINGS
Staycity and
Premier Inn
to open in
£203m complex
at London
Paddington
Premier Inn and Staycity Group
have been announced as the as the
tenants of the £203m complex set to
be built at London Paddington.
The 620-room hotel and aparthotel
complex is expected to open by 2021.
Asset managers M&G has
acquired the long leasehold interest
of the development site and will
finance the construction of the
hotel complex to be carried out by
development consortium, Concierge
3 Limited (a joint venture partnership
between The Pickstock Group,
Staycity and BSW Land & Property
Ltd).
Whitbread, the owner of Premier
Inn and Staycity will each take 30-
year leases on five yearly inflation-
linked rent reviews, operating
independently with 60% and 40% of
the rooms respectively.
Staycity, will provide the aparthotel
side of the development under its
premium brand Wilde Aparthotels
by Staycity. Whitbread will provide
a latest generation 373-bedroom
Premier Inn hotel, which will be its
first in Paddington.
Jonathan Langdon, acquisition
manager Central London for
Whitbread, said: “We’ve been
exploring opportunities to invest in
Paddington for some time now and
are very excited at the prospect of
gaining a presence for Premier Inn
there. It’s a fantastic development
in one of London’s most vibrant
and well-connected areas and the
hotel adds another quality zone-
one location to our growing London
portfolio.”
February 2019