Hotel group sells Wyck and sets sights abroad
Wren’s Hotel Group has sold its four-star Wyck Hill House hotel in the Cotswolds to Alan Corlett’s Niche Hotels company for £4m.
The 32-bedroom Wyck, which recently underwent a £1m refurbishment and dates back to 1722, will become the second hotel in the Niche portfolio, following the 2002 acquisition of The Queensgate hotel in Kensington, London.
Niche revealed that the purchase of Wyck would be followed by the acquisition of a third hotel within the next three months.
The sale comes as Wren’s Group is looking to inflate its international portfolio, while limiting its UK properties.
The group has expanded rapidly in Croatia, building a portfolio of five hotels under its Adriatic Luxury Hotels brand, while opening two resorts in the Seychelles. Details: www.wrensgroup.com or www.wyckhill.com
More News
Work is underway in Madrid on one of Europe’s most significant multi-functional complexes, combining sport, entertainment, culture and education.
The €800 ... More
Movie Park Germany has opened a new Paramount Pictures-themed attraction as part of its 30th anniversary celebrations, using immersive storytelling and adaptive reuse ... More
Efteling has opened Hooghmoed, a new family drop tower designed to broaden the appeal of its recently launched Sirene Island themed area and ... More
- News by sector (all)
- All news
- Fitness
- Personal trainer
- Sport
- Spa
- Swimming
- Hospitality
- Entertainment & Gaming
- Commercial Leisure
- Property
- Architecture
- Design
- Tourism
- Travel
- Attractions
- Theme & Water Parks
- Arts & Culture
- Heritage & Museums
- Parks & Countryside
- Sales & Marketing
- Public Sector
- Training
- People
- Executive
- Apprenticeships
- Suppliers
