Scottish Hilton sold; will become independent hotel

(Hilton Dunkeld House Hotel)

In Perthshire, Scotland, the Hilton Dunkeld House Hotel has been sold for an undisclosed sum.

The new owner is Dunkeld House Hotel LLP, a partnership between Arnold Schnegg, James Hawksworth and funds managed by Downing LLP. The transfer will be effective as of May 5 and the property will no longer operate as a Hilton hotel.

Arnold Schnegg, CEO of Dunkeld House Hotel LLP, said that the partnership would make “a significant capital investment to further improve the quality of the hotel facilities, with a view to relaunching as an independent country house hotel.”

Arnold Schnegg and James Hawksworth founded and built the Hallmark Hotels group. Downing LLP has more than £700 million in funds under management and invested £170 million into UK businesses last year.

Source: The Courier