UK: Fattal Group, the owner of Leonardo Hotels, has purchased The Grand Brighton from privately owned investment company Wittington Investments.
The acquisition, brokered by JLL, marks the third hotel in Brighton for Fattal. The Grand will join Leonardo Royal Hotel Brighton Waterfront, also located along the seafront, and Leonardo Hotel Brighton by the city’s train station.
Fattal plans to “invest significantly” in The Grand, transforming its room and facilitates, but will retain the hotel’s “iconic status” including the name of the hotel.
The property features 201 rooms and suites, a restaurant and bar, meeting and banqueting space, a fitness centre, and a spa.
Jason Carruthers, managing director of Leonardo Hotels, said: “We are delighted to add another historic and iconic hotel to our growing portfolio of luxury hotels.
“[The Grand] is a consistently high performing hotel, situated in a key strategic location with highly dedicated employees, meaning it is an ideal fit to our broader portfolio. We look forward to working with The Grand team to build on their successes to date and continue enhancing the great experiences and service they consistently deliver to their guests.”
Wittington bought The Grand in 2014 from De Vere for £50 million. Wittington also owns the Richmond Hill Hotel in Surrey.
Fattal Group owns and operates more than 250 hotels across 20 countries, according to the company’s website. The acquisition of The Grand follows the recent purchase of The Dilly in London.
Source: boutiquehotelnews.com
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