Royal Gulf Ltd, part of Dubai-based Select Group, has acquired the 211-room Radisson Blu hotel in Birmingham. The hotel opened in 2006 and is reportedly the tallest building in Birmingham with 39 floors including the residential component. It was designed by Italian designer Matteo Thun. A purchase price was not disclosed.
“This acquisition is part of Select Group’s continuing growth plans. Birmingham as the second largest city of the UK, is an important market for us. With our resources and expertise, we are confident of being able to improve the hotel’s growth while working closely alongside Radisson management,” said Colin Wright, CIO for Select Group.
“The decision to acquire Radisson Blu Hotel Birmingham was based on compelling financial rationale, an early mover advantage into a major city and its ability to cater for a broad range of guest needs including leisure and business travelers. With imminent plans almost agreed with Radisson, Select Group will begin to invest and improve the hotel rooms, meeting areas and other features which will enhance the guest experience. This plan will be rolled out over the next 24 months,” Colin added.
The hotel features one restaurant, two bars and 10 meeting rooms of various sizes.
Carlson Rezidor Hotel Group has been managing the hotel under the Radisson Blu brand and will continue to do so under the new ownership.