Boost for Glasgow operator
Redefine BDL adds 26 luxury hotels to portfolio
Westerwood Hotel: part of new portfolio
A Scotland-based hotel management company has added 26 luxury hotels to its portfolio, making it the UK’s largest independent operator.
Redefine BDL Hotels (RBH) will manage the four-star hotels which were bought by real estate investment company Aprirose from QHotels in a £525 million deal.
The Scottish firm already manages Hampton by Hilton London Dockland and Mercure Bristol Holland House and Spa on behalf of Aprirose.
The new resorts will be based across the country and include The Westerwood Hotel & Golf Resort near Glasgow, the Aldwark Manor Golf & Spa Resort near York, and the Oxford Belfry in Oxfordshire.
Combined, the new properties have an annual turnover of more than £190 million and will boost the Redefine BDL portfolio to more than 75 hotels and 11,000 rooms across the country.
Helder Pereira, chief executive of Redefine BDL Hotels, said: “This is another landmark addition to the Redefine|BDL Hotels portfolio.
“Leisure amenities such as spas and golf facilities represent key revenue streams for us, so we are very pleased with the quality and prestige of the properties we will now be managing.
“We look forward to continuing – and strengthening – our already successful working relationship with Aprirose as a key hotel owner.”
He said the acquisition is in line with the company’s growth targets within the UK.
Chief executive of Aprirose, Manish Gudka, said: “The QHotels portfolio is a made up of a diverse set of assets to add to our multi-faceted real estate portfolio.
“The 26 QHotels, located throughout the UK, make up 3,680 beds and represent the largest hotels acquisition in 2017.
“We have established a successful partnership with Redefine BDL Hotels, which was appointed both on our Hampton by Hilton London Docklands and Mercure Bristol Holland House hotel assets, so the new properties will be operated to the same excellent standards.
Other properties being managed by Redefine BDL for Aprirose include the Midland Hotel in Manchester, Mottram Hall Hotel in Cheshire, Slaley Hall in Northumberland, Chesford Grange in Warwick and Forest Pines Hotel & Golf Resort in Yorkshire.
The company has an annual turnover under management in excess of £350m.