City centre hotel bought in £31m deal
Ireland’s largest hotel operator has bought Birmingham's Hotel La Tour, in a £31m deal.
Dalata Hotel Group has acquired the entire share capital of Hotel La Tour Birmingham, which owns the hotel on Park Street in the city centre.
The 174-bedroom hotel was built in 2012 and is extremely well-positioned for Birmingham's HS2 station planned for Curzon Street, which is due to open in 2026.
Dalata says it will rebrand the hotel as Clayton before the end of the year.
Dermot Crowley, deputy CEO at Dalata, said: "Hotel La Tour... 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...
