Five-star Lowry Hotel sold for £52.5m
The five-star Lowry Hotel in Manchester has been bought for £52.5m by Singapore-based CDL Hospitality Trusts from North Low SÁRL.
It will continue to operate as a standalone hotel, the new owner said today.
General manager Adrian Ellis said: “This acquisition reinforces that Manchester is a fantastic business, entertainment and sporting destination both within the United Kingdom and internationally.
“We welcome the new owners and look forward to The Lowry Hotel continuing as the preferred choice for high profile guests ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
