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Yorkshire hotel group swoops for two iconic properties

25th June 2009

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YORKSHIRE-BASED hotel group Principal Hayley has continued its expansion with the acquisition of two more well known properties.

Principal Haley has bought the New Connaught Rooms and The Glasgow Central hotel for £13m and plans to invest another £27m to renovate and refurbish the iconic properties.

The deal, which saw both properties bought out of administration following the collapse of The Real Hotel Company, sees Harrogate-based Principal Haley expand to 24 hotels, with more than 4,100 bedrooms and ov......for the full story register now for free or login below...


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