Amaris invests £5.6M to convert Brighton hotel to Jurys Inn

Dallas-based private equity firm Lone Star's five-month-old Amaris Hospitality Group is set to invest £5.6 million in the rebranding and refurbishment of the Waterfront Hotel in Brighton. The hotel will become the second Jurys Inn hotel in the city, and will be renamed the Jurys Inn Brighton Waterfront.

The announcement is part of the group’s £100-million investment program in rebranding 22 of its 89 hotels, Buying Business Travel reports.

Amaris Hospitality CEO John Brennan said that he expects to complete the transformation of both Brighton hotels by the end of 2016. 

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

 

Suggested Articles

As it takes over franchise agreements and management contracts of Orbis' Central Europe hotels, Accor also is looking to divest its stake in the company.

Hotels in the country have reported growth in both revenue and profitability, but the outlook for further improvement in 2019 and beyond is uncertain.

The survey is open to hotel franchise/membership companies, multiunit hotel ownership companies, hotel management companies and hotel developers.