Hospitality group takes the reins at prominent North Yorkshire hotel
Compass Hospitality has signed its latest property in the UK with the the 116-bedroom, four-AA-star Crown Spa Hotel in Scarborough.
The beachfront hotel will be the 12th property to join Compass Hospitality’s growing UK collection, and will be the first to feature on-site spa facilities.
Compass Hospitality also operates a portfolio of both branded and white label products in Thailand and Malaysia. The company’s full set of properties under management total to 44 and is set to grow further across both regions with headquarters in Bangkok and Manchester.
Matthew Welbourn, executive vice president of operations in the UK for Compass Hospitality, said: “The Crown Spa Hotel in Scarborough is a promising addition to the Compass Hospitality Group portfolio in the UK. The hotel is very popular and well located to suit a wide range of travellers, and we will continue to constantly strive at improving the overall experience for guests across the entire portfolio.”
He added: “As a group, Compass Hospitality is always in active search for the right three and four-star business and leisure properties across the UK, and we are planning several more openings in 2017 and 2018.”
Compass Hospitality’s president and CEO, Harmil Singh, said: “The UK continues to be an exciting market for Compass, and we are continuing to better grasp the different challenges facing the UK as compared to those faced back in Asia. We are constantly learning to adapt and ultimately shine in a market where we see real potential for growth. The Crown Spa Hotel is a welcome step in the right direction for us, and we are optimistic in going ahead.”
Advisors on the acquisition included Brodies Solicitors based in Edinburgh and accountants Edwards Veeder and the debt finance through AIB’s Birmingham Office.
UK hotels operated by Compass Hospitality are located in Manchester, Leeds, Cardiff, Nottingham, Cheltenham, Oxford, Shrewsbury, Halifax, Eastbourne, Inverness, and Coventry.
