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Mon, 24 August 2015

Compass Acquires Three Hotels in UK

Compass Hospitality Group has completed the acquisition of The Big Sleep Hotels’ portfolio of three hotels in Cardiff, Cheltenham and Eastbourne in the United Kingdom.

The acquisition was jointly made with Singapore-based Seacare Hospitality Pte Ltd.

Compass Hospitality's President & CEO, Harmil Singh said, “We are very pleased with the portfolio acquisition of these three well located and profitable hotels. We will continue to seek out acquisitions and opportunities to grow our presence in the UK.”

The 81-key hotel in Cardiff is located in the city centre opposite the Motorpoint Arena and the new St. David’s shopping arcade, all within walking distance of Café Quarter’s al fresco dining street, Cardiff Central railway station and Millennium Stadium.

The 60-key hotel in Cheltenham is located in the shopping hub along Bath Road and a short distance to Cheltenham Town Hall and Cheltenham Art Gallery & Museum.

The 50-key hotel in Eastbourne offers views of the English Channel across the Western Lawns. It is located 400 metres from Eastbourne Town Centre, 10 minutes’ walking distance from Eastbourne Pier, and a 5-minute drive away from Beachy Head’s white cliffs.

All the three hotels have a restaurant and bar as well as meeting rooms.

Guest rooms of various sizes are offered and standard amenities include LCD TV, Wi-Fi, personal safe, hairdryer and coffee/tea making facilities. All three hotels are pet friendly.

The hotels will be managed by Compass Hospitality which is already managing The Lion Hotel Shrewsbury and The White Swan Halifax in the UK as part of a portfolio comprising 49 properties located in Thailand, Malaysia and the UK.

Matthew Welbourn, Executive Vice President of UK Operations for Compass Hospitality, said, “Our existing two hotels in Shrewsbury and Halifax have achieved significant performance improvements due to the well established distribution network at Compass Hospitality. We are confident that similar improvements will be achieved for these additional three hotels.”

Compass Hospitality, Big Sleep, England, Wales, Cheltenham, Eastbourne, Cardiff

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