Splendid Hospitality Group buys fourth York hotel

Middlesex-based Splendid Hospitality Group has acquired the ibis York Centre hotel—the company’s fourth in the northern city, alongside the Hotel Indigo York, the The Grand Hotel & Spa and Holiday Inn Express York. No purchase price was announced. 

The hotel has 91 rooms and is close to the city center. It will keep the ibis name and Splendid Hospitality Group has plans to invest £1.5 million upgrading the hotel's facilities over the next two years. Splendid Hospitality Group previously acquired The Grand Hotel & Spa in York, and plans to invest £15 million in upgrades.

Splendid Hospitality Group’s portfolio now has 20 hotels in London, Oxford, Edinburgh and Leeds as well as in York. In London they own and manage two the Conrad London St James and Hilton London Bankside.

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

The revamped property will be developed in partnership with Mohari Hospitality.

Scheduled to open in 2021, the Radisson Blu Hoi An will be on Hà My Beach, eight kilometers from Hoi An, the port town on Vietnam’s central coast.

Hotels with a history of crime can face legal consequences when they fail to protect guests from foreseeable harm.