Dominion Hospitality acquires UK's Chapman Group

New Inn Hotel

Dominion Hospitality--an affiliate of Stellex Capital Management, a private equity group that invests in middle market companies in North America and Europe--has acquired the Chapman Group, which owns and manages 28 hotels and pubs in the south of England.

The acquisition, according to a statement, is focused on providing growth capital and resources to expand Dominion’s presence in the UK. The transaction was brokered by Neil Morgan of Christie & Co., and the purchase price was not disclosed.

Stellex is partnering with two industry veterans to assist with its plans: Ted Kennedy, who owns Pebble Hotels and was previously an MD in Whitbread’s managed pub division, and Billy Buchanan, chief executive of LT Management Services. Ted Kennedy will serve as chairman for Dominion and LT Management Services has been appointed to provide the front and back office support.

Virtual Roundtable

Post COVID-19: The New Guest Experience

Join Hotel Management’s Elaine Simon for our latest roundtable—Post COVID-19: The New Guest Experience. The experts on the panel will share how to inspire guest confidence that hotels are safe and clean and how to win back guest business.

“We have evaluated a number of portfolios in the UK hospitality sector over the past 18 months, and believe that the Chapman Group provides us with a solid platform for growth, given its strong market presence and team of managers," Karthik Achar, partner of Stellex’s European office, said in a statement. 

The Chapman Group launched in 1983 by Christopher and Delia Chapman. Some of the properties operate under the RelaxInnz brand of hotels, including the Globe and Crown in Yeovil, Somerset; the New Inn hotel in Gloucester; and the Old Crown Coaching Inn in Faringdon, Oxfordshire.

Over the last 15 years, Christie & Co. has been advising and working with the Chapman Group to create an estate that was previously primarily focused on pubs. Since 2001, all new acquisitions have had guest accommodations as part of the property.

Suggested Articles

Demand came in 67,000 rooms lower during the week ended July 4 than the previous week, according to Jan Freitag, STR’s SVP of lodging insights.

Two recent cases address the issue of hotel liability when personnel assist police who have an issue with a guest—here's the lesson for hotels.

The Buccini/Pollin Group has a longstanding connection to the Baltimore region, opening its first hotel in the area in 1997.