TELFORD IS THE LATEST TO JOIN QHOTELS GROUP
Tuesday 21st November 2006
It’s been a busy time for Leeds based QHotels Group. Just seven days after it announced the £180 million acquisition of Marston Hotels, today QHotels announce that Telford Golf and Country Club Hotel is the latest property to join its rapidly expanding Group.
The addition of Telford Golf & Country Club Hotel sees the hotel chain rise to 22 properties, growing by over 140% in less than a week.
This newest acquisition is situated in beautiful Shropshire countryside, overlooking the Ironbridge Gorge and its historic bridge. The Hotel currently has 96 bedrooms, an 18-hole golf course, conference facilities for up to 200, and gym and pool amenities.
As with the majority of new acquisitions for QHotels, Telford Golf & Country Club Hotel will undergo a full audit immediately, and a major investment and development plan will soon be put in place which will bring the Hotel in line with the rest of the Group’s impressive portfolio.
Since forming in 2003, QHotels has greatly expanded from its initial three flagship hotels, which includes The Midland in Manchester, The Queens in Leeds and Chesford Grange in Warwick; the acquisition last week of Marston Hotels saw the group grow to 21 luxury 4-star hotels located across the UK.
Although QHotels is still fairly new in relation to other hotel chains, it is quickly gaining itself an impressive reputation for investing in its properties and people, with over £65 million already invested in 9 of its hotels, and further plans to invest and develop the rest.
Telford Golf & Country Club Hotel is an ex-Swallow Hotel and has been acquired by QHotels for an undisclosed sum.
For further information on QHotels visit www.qhotels.co.uk
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Editors Notes:
o QHotels Group is a Leeds based hotel chain, formed in 2003 by a management team consisting of Managing Director Michael Purtill, Sales Director David Taylor and Financial Director Ian Goulding in collaboration with the investment company Alchemy Partners.
o QHotels acquired Marston Hotels on 13 November 2006 for a purchase price of £180 million. It acquired Telford Hotel & Golf Club on Tuesday 21 November 2006 for an undisclosed sum.
o The 22 hotels in QHotels portfolio are The Queens in Leeds, The Midland in Manchester, Chesford Grange in Warwick, The Westerwood near Glasgow, Forest Pines Hotel & Golf Country Club in North Lincolnshire, The Park Royal in Cheshire, The Chase Hotel in Cheltenham, Norton Park in Winchester, Ashford International Hotel in Kent, Aldwark Manor near York, Bridgewood Manor in Kent, Crewe Hall in Cheshire, Hellidon Lakes in Northamptonshire, Stratford Manor in Stratford-upon-Avon, Tankersley Manor near Sheffield, The Cambridge Belfry in Cambourne, Stratford Victoria in Stratford-upon-Avon, The Hampshire Court in Basingstoke, The Nottingham Belfry in Nottingham, The Oxford Belfry in Oxford, and the Telford Golf and Country Club Hotel in Shropshire.
