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Redefine|BDL Hotels adds 26 hotels to portfolio

Company takes on management of hotels, which have a combined turnover of £190m, on behalf of new owners Aprirose
29/09/2017

Pictured: Helder Pereira, chief executive officer of Redefine|BDL Hotels

Redefine|BDL Hotels (RBH) has boosted its portfolio after assuming management of 26 four-star hotels.


The 26 hotels, which have an annual turnover of more than £190 million, were recently acquired by real estate investment company Aprirose from Qhotels in a £525m deal.


The deal takes RBH's portfolio pass 75 properties, made up of a mix of branded and private label properties with 11,000 rooms.


Helder Pereira, chief executive officer of Redefine|BDL Hotels, said: "This is another landmark addition to the Redefine|BDL Hotels portfolio. Leisure amenities such as spas and golf facilities represent key revenue streams for us, so we are very pleased with the quality and prestige of the properties we will now be managing. We look forward to continuing – and strengthening – our already successful working relationship with Aprirose as a key hotel owner.


"This acquisition will increase the Redefine|BDL Hotels portfolio to more than 75 hotels, and is in line with the company’s growth targets within the UK."


Chief executive officer of Aprirose, Manish Gudka, added: "The QHotels portfolio is a made up of a diverse set of assets to add to our multi-faceted real estate portfolio. The 26 QHotels, located throughout the UK, make up 3,680 beds and represent the largest hotels acquisition in 2017.


"We have established a successful partnership with Redefine|BDL Hotels, which was appointed both on our Hampton by Hilton London Docklands and Mercure Bristol Holland House hotel assets, so the new properties will be operated to the same excellent standards.


"Each of the new Aprirose properties being managed by RBH are completely unique, and include the iconic Midland Hotel in Manchester, Mottram Hall Hotel in Cheshire, Slaley Hall in Northumberland, Chesford Grange in Warwick and Forest Pines Hotel & Golf Resort in Yorkshire."


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