QHotels acquires 6 De Vere properties in new sale

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Hotel brand QHotels has added six De Vere properties to its portfolio after a period of negotiations, taking its portfolio to a total of 27 hotels.

The deal will see the group strengthen its nationwide presence and offer more golf, spa and leisure facilities. The new properties will be managed by QHotels managing director Michael Purthill and finance director Ian Goulding.

The six new additions are:
Cameron House, Loch Lomond
Dunston Hall, Norwich
Oulton Hall, Leeds
Mottram Hall, Macclesfield, Cheshire
Slaley Hall, Hexham, Northumberland
Belton Woods, Grantham, Lincolnshire

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“This is a really positive move that will help drive long-term, sustained growth for the QHotels brand,” said Purtill.

“The six hotels are an excellent fit as they are renowned for their first-rate facilities, catering and service. This aligns with our ‘guest first’ ethos and enables us to effectively expand our UK reach.

“We will be working with each hotel on an individual basis to ensure we build on the best of what they have to offer and complementing this with our experience and expertise. This will help to maximise the conference and events potential of each of the hotels, while strengthening our portfolio in terms of a wider golf, spa and leisure offering.”

Acting on behalf of the De Vere Group, hotel property advisor Christie + Co was responsible for the sale, consisting of 850 guest rooms, over 20 restaurants and bars, 8 championship golf courses and 3 nine hole courses, as well as leisure and spa facilities.

Chris Day, managing director at Christie + Co, said: “We are delighted to have sold this famous hotel portfolio following a focused off-market sales campaign. The hotels generated competitive interest from a variety of investors.”

Andrew Coppel, chief executive officer of De Vere, commented: “We are delighted to have achieved a premium value for the golf resorts reflecting the quality of the assets.”

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