Hotel and spa owner secures £17m finance deal

The owner of two four-star resorts in Shropshire and Hampshire has secured a finance package of £17m for ambitious development programmes. Lion Quays Resort, Oswestry and Langstone Quays Resort, Hayling Island, are owned by Dr Ashok Bansal and family, whose portfolio also includes a number of nursing homes in Wales and an IT company, Medic Creations. The new funding arrangement from Allied Irish Bank (GB) will enable Dr Bansal to continue his ambitious development programmes at both luxury resorts. Lion Quays was purchased b... 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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