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Two more Lake hotels for The Inn Collection Group

15 02 22 Two more Lake hotels for The Inn Collection Group hero v2

Colliers acts for the vendors of The Regent Hotel and Ambleside Lake House

The Inn Collection Group has acquired a further two hotels through commercial real estate firm Colliers.

The Northumberland-based operator purchased The Regent Hotel, a 36-bedroom hotel on the shores of Lake Windermere, as well as the 19-bedroom Ambleside Lake House on Waterhead Bay in an undisclosed deal. 

The two acquisitions bring the total number of businesses introduced to the group by Colliers to seven since the beginning of 2021.

Sean Donkin, managing director for The Inn Collection Group said: “It is a landmark achievement for the group to have passed the 30-site marker and I’m delighted that it has been with venues of the calibre as The Regent Hotel and Ambleside Lake House.

“It is a sign of The Inn Collection Group’s ongoing commitment and investment in the Lake District as we drive forward strategic expansion plans with our Eat, Drink, Sleep and Explore concept while making significant contributions into the communities around our sites with employment, inter trading and wider economic benefits.”

Both The Regent Hotel and Ambleside Lake House will continue trading ahead of undergoing refurbishments later in the year.

Julian Troup, head of UK Hotels Agency at Colliers brokered the confidential sale acting on behalf of the owners. He said: “The Regent Hotel and Ambleside Lake House are very strong businesses that have been built up by the Hewitt family over the last four decades. They are both located in prime positions and with a good reputation which sees them receive frequently repeat visits from customers wanting to return to stunning properties and the Lake District.

“Already the hotel market is looking to follow similar suit to 2021 with brands like The Inn Collection Group expanding their portfolio by purchasing quality assets likes these and capitalising on the staycation boom which will continue this year and into 2023. Last year Colliers sold 76 hotels, five to The Inn Collection Group alone.”

Ward Hadaway corporate partner Imogen Holland provided legal advice on the acquisitions, with Neil Hart at Bradley Hall advising on pre-diligence.  Additionally, Keith Melling, Wendy Keely and Nicola Ciraolo of Napthens Solicitors and Rob Richardson and Jenny Pape of Azets advised the Regent Hotel shareholders.

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Julian Troup

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I originally trained with a long established firm of Chartered Surveyors based in Manchester and have been working in the licensed, leisure and hotel property market since 1987. I joined Colliers in 2007 to head up our UK Corporate hotel operation. I was appointed Head of UK Hotel Agency during 2011.  Since the beginning of 2003 I have sold or acquired over 100 provincial hotels on behalf of clients of asking prices ranging from £1.2m to in excess of £20m.  In addition to the managerial responsibilities, I remain focused on handling larger private and corporate hotel transactions throughout the UK.

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Kim Inam

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I'm a communications professional who has previously worked as a journalist for eight years covering a broad range of topics including politics, crime, health and housing in north London. In recent years I have worked in corporate communications for local authorities across London  and joined Colliers in October 2019, initially providing maternity leave cover.

I provide strategic public relations advice to various business lines within the UK organisation to secure recognition for their work in the property press as well as key target media, and work with our experts to produce thought leadership pieces which are of interest to our clients and colleagues within the commercial real estate sector. In addition, alongside colleagues in the PR and wider communications team, I provide media and social media training for our in-house experts to prepare them for media opportunities and raise their personal brand within the sector.

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