The U.K.'s Falcon Hotel in Stratford purchased by St. James' Hotels

The Falcon Hotel in Stratford, U.K., was bought for an undisclosed sum by St James’s Hotels from the administrators of Noblelarge Limited, Grant Thornton.

The hotel has 83 bedrooms, seven meeting rooms, two restaurants, two bars and parking for 120 cars.

The new owners plan to invest up to $9.8 million to refurbish the hotel, including the installation of air conditioning in all bedrooms, during the course of next year.

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


St James’ Hotels intends to retain all the current management and staff, and expects to hire further staff on completion of the refurbishment.

St James' was established by the Somerston Group earlier this year and acquired the Forestdale portfolio of fourteen unbranded, three star hotels across England, in March.

Suggested Articles

Radisson Individuals aims to bring independent hotels and local, regional chains into the global Radisson Hotel Group platform.

This role has continued to change with some revenue managers taking on leadership roles within hotel brand and management companies.

Nearly 60 percent of respondents are predicting a 50-75 percent decline in RevPAR versus budget for their entire portfolio.