AIM listed hotel chain re-finances with multi-million-pound funding deal
AIM-listed Peel Hotels has re-financed its regional group, which includes two West Yorkshire hotels, with almost £10m of funding.
Formed in 1998 by hotelier Robert Peel and his brother Charles, Peel Hotels has grown to a portfolio of hotels around the UK, an annual turnover approaching £17m and around 500 employees. The group has the Cosmopolitan Hotel in Leeds and Midland Hotel in Bradford within its portfolio.
Funding has been provided by Allied Irish Bank (AIB), which includes a £9.9m five-year term loan facility to su... 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...
