Investment company takes stake in expanding hotel group

PROPERTY and investment company Commer Group has taken a 20% stake in an independent hotel group, which is set to double the size of its estate.
 
The deal, for an undisclosed sum, sees Tadcaster-based Commer’s managing director Edward join the Bulldog Hotel Group’s board as finance director and creates a platform for an acquisition programme which will see the hotel group invest £20m over the next five years in a doubling of the estate.
 
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