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Britannia Hotels to acquire two De Vere properties
By Pete Hayman
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Heritage Great Britain
c£70,000pa + benefits + relocation support
location: Isle of Wight, United Kingdom
Brentwood School Sports Centre
£32,000 - £34,000pa + pension + benefits
location: Brentwood, Essex, United Kingdom
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De Vere Group has announced that it has exchanged contracts with Britannia Hotels for the sale of two UK hotels, following the completion of a strategic review earlier this year.
The sale of Bournemouth's Royal Bath and Warrington's De Vere Daresbury Park is for a total of £20m, which will help fund De Vere's expansion of the Village and Venues brands.
A further two hotels - the Grand Harbour, Southampton, and Cambridge's University Arms - are also set to change hands, with De Vere currently negotiating the sale of both properties.
The Royal Bath and the De Vere Daresbury Park both include spas that comprise a number of private treatment rooms offering ESPA therapies, as well as a steamroom and whirlpool.
De Vere Group chief executive Andrew Coppel said: "The proceeds from our disposal programme will go towards funding a range of development opportunities across the group."
Details: www.deveregroup.co.uk
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De Vere Group has announced that it has exchanged contracts with Britannia
Hotels for the sale of two UK hotels, following the completion of a strategic
review earlier this year.
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