Middlesex-based Splendid Hospitality Group has acquired the ibis York Centre hotel—the company’s fourth in the northern city, alongside the Hotel Indigo York, the The Grand Hotel & Spa and Holiday Inn Express York. No purchase price was announced.
The hotel has 91 rooms and is close to the city center. It will keep the ibis name and Splendid Hospitality Group has plans to invest £1.5 million upgrading the hotel's facilities over the next two years. Splendid Hospitality Group previously acquired The Grand Hotel & Spa in York, and plans to invest £15 million in upgrades.
Splendid Hospitality Group’s portfolio now has 20 hotels in London, Oxford, Edinburgh and Leeds as well as in York. In London they own and manage two the Conrad London St James and Hilton London Bankside.
Our regional #hotel portfolio is expanding as we acquire #Ibis York Centre - read more about it on our LinkedIn page https://t.co/VjoHVuOFgS
— Splendid Hospitality (@SHG_Hotels) July 25, 2016