Archive for the Principal Hotel Company Category

Principal Hotel Company to free up £200m with ‘disposal’ of 20 properties

The Principal Hotel Company is expected to make at least £200m with the disposal of its non-core hotels.This programme is part of a strategy to focus on prominent city hotels under the Principal brand and leading country estate hotels and modern events spaces, recently relaunched under the De Vere brand. The disposals completed to date include Gorse Hill near Woking, Kenwood Hall in Sheffield, New Place in Southampton, The Oxford Witney Hotel and Warbrook House in Hampshire, to a variety of buyers including overseas investors, UK-based investment funds and high net worth individuals. Two of the three remaining hotels to

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