Airport hotel sold in multimillion-pound deal

The Holiday Inn Birmingham Airport – NEC has been sold off a guide price of £33m. JLL advised Crest Hotels on the sale of the 241 bedroom hotel to 11 Hospitality. The hotel offers on-site parking, 14 meeting and conference rooms as well as leisure facilities and Marcos restaurant and bar facilities. The hotel will continue to operate subject to a franchise agreement with InterContinental Hotel Group (IHG) under the Holiday Inn brand. Gavin Wright, director, hotels and hospitality at JLL, said: “We are thrilled to ha... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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