Bespoke Hotels strikes deal
Roxburghe Hotel secures new ownership
Bespoke Hotels has added to its Scottish portfolio with the acquisition of The Roxburghe Hotel and Golf Course near Kelso.
Roxburghe Estates has agreed terms for the transfer of ownership and completion of sale is expected by the end of July.
Bespoke Hotels is the largest independent hotel group in the UK and the Roxburghe’s 22-bedroom luxury hotel and championship golf course complements its Scottish collection that includes the Carnoustie Golf Hotel, Tulloch Castle in Dingwall and Stonefield Castle, Tarbert.
The Duke of Roxburghe said: “I am delighted that we have reached agreement with Bespoke, knowing that they have exciting plans for the future and will invest significantly in the business.
“We look forward to seeing the Roxburghe grow in the years ahead under new ownership and achieving our long-term vision of a high-quality resort destination. We strongly believe the Roxburghe has a secure and successful future under Bespoke Hotels’ management.”
The opportunity for expansion of the facilities at the Roxburghe, alongside the development of self-catering lodges, is actively being considered.
In 2010, planning consent was granted for 60 holiday lodges, a new clubhouse and conversion of the existing clubhouse to a 10-bedroom dormy house, all of which stood as a key factor in Bespoke’s strong interest and decision to acquire the business.
The creation of a luxury destination resort is the principal vision of the new owners, building on the outstanding facilities and reputation which the Roxburghe enjoys.
“The business has been a particular interest and focus of mine since it first opened as a country house hotel in 1982, which subsequently expanded with the development of the first championship golf course in 1995,” added the Duke.
“It has given me enormous pride and satisfaction to see it develop successfully over the years, but it became clear that a new investor needed to come aboard for the Roxburghe to move to the next level and become a world class destination.
“We are therefore extremely pleased to hand over the business to such an experienced and committed operator as Bespoke.”
“I am pleased to be able to confirm that all the existing staff will be retained, and I would like to pay particular thanks to the team for ensuring the Roxburghe has achieved such high standards in all areas.”
Haydn Fentum, founder and chief executive officer of Bespoke Hotels, added: “We are hugely excited by the potential of The Roxburghe and look forward to taking the business into a new era.
“We are keen to build on the excellent work done to date by both Roxburghe Estates and ICMI, which has given us an extremely sound platform on which to build.”