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Jan 24, 2006
Leeds-based QHotels has increased its
portfolio of hotels to seven with the acquisition of the Cheltenham &
Gloucester Moat House Hotel located in Gloucestershire.
The Cheltenham & Gloucester Moat
House, acquired for an undisclosed sum, will benefit from a £3-million
refurbishment which, subject to planning consent, will increase the hotel’s
restaurant capacity, and refurbish the hotel’s bedrooms, conference and
banqueting facilities, public areas and leisure facilities. The name of the
hotel was changed immediately on acquisition to the Cheltenham & Gloucester Chase
Hotel.
“The Cheltenham and Gloucester Chase
Hotel is a great
acquisition for our growing portfolio. The hotel is in an excellent location,
at the foot of the Cotswolds, and a few minutes from junction 11a of the M5 and
is also in a very good strategic location in relation to the other hotels in
our portfolio. The hotel also has excellent facilities including extensive
conference and leisure facilities,” says Michael Purtill, Managing Director of
Qhotels.
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