The Coaching Inn Group has made the latest move as part of its ambitious expansion plans, acquiring the Three Swans Hotel in Hungerford.
The group, which currently operates 11 hotels and is aiming to double this by 2017, purchased the 26-bed Three Swans Hotel from brothers John and Steve Hodges, who have owned the property for the past 12 years.
The Coaching Inn Group will now invest £1m into transforming the listed building and bringing it back to life. It dates back to the 18th century and still retains many of its original features including the original archway to the courtyard for coaches.
The next six months will see the bedrooms and public areas updated, as well as a new F&B experience introduced with the Coaching Inn Group’s Eatery and Coffee House brand.
A new outside area will also be created.
The property will continue to be run by existing management team.
Founder and chief executive of the Coaching Inn Group, Kevin Charity, said: “We’re delighted to have acquired the Three Swans as it has a great reputation locally and attracts visitors from across the UK.
“We look forward to working with the team there to further grow its reputation and attract even more visitors and guests.”