Caterer & Hotelkeeper, 2005-07-12
by Colliers International
London, United Kingdom
Dawnay Shore Hotels (DSH) has added a 14th property to its portfolio with the acquisition of Walton Hall in Stratford-upon-Avon for £15.2m. The hotel will undergo a £10m refurbishment which will see it converted into a 4 Star, 200 bedroom country house hotel and spa with conference facilities. DSH was established by Dawnay Day and Shore Capital in 2004.
The groups initial hotel portfolio comprised of 13 hotels acquired as the Paramount chain in July 2004 together with 3 additional hotels acquired from Hanover International in January 2005. (SOURCE: Caterer & Hotelkeeper)
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