Hotels and golf courses bought by former Hilton Hotels boss
The former chief executive of hotels group Hilton has led the purchase of two 4-star hotels in the West Midlands.
Sir David Michels has agreed a deal to buy the Abbey hotel in Redditch and the Lea Marston hotel in Sutton Coldfield from RSM Leisure. The price is undisclosed, but the properties were marketed seeking offers in excess of £23m.
RSM Leisure was the operating vehicle for the Blake family, who are retiring after owning the properties for more than 25 years, The Caterer has reported.
The 99-bedroom Abbey Hotel is set... 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...
