UK: Two businessmen from the US have acquired the Bloomsbury Guest House in York.
This is the first hospitality acquisition for partners Jonathan Burgoyne, former director of sales at Hilton, and Anthony Lewis, a former finance executive at Apple and KPMG.
Both Lewis and Burgoyne are originally from Yorkshire and had been looking to purchase a business in the area for some time. Burgoyne will lead the hotel, while Lewis will provide strategy, design, accounting and tax support.
Craig Dickson, director at Christie Finance who secured funding for the couple, told Boutique Hotelier: “It has been an absolute pleasure working with my clients in securing the finance they need to make their dream of owning a hotel in Yorkshire a reality. They both have extensive experience working in business, with impressive careers working for well-known brands. Their commitment to the purchase is undoubted as they are relocating from the USA to fulfil their role as the new owners.”
Bloomsbury Guest House was acquired by the previous owners in 2009, operating as a lifestyle business and an 8-bedroom hotel, which won the Visit York B&B of the year award in 2016. The vendors had previously closed the business for 35 per cent of the year and had only accepted exclusively 2 night stays.
The new owners plan to open the house 365 days a year and let a pair of new rooms under the name “The Bishop & Bison Boutique Hotel.” They also plan to improve the guest house, converting the resident’s lounge and owners accommodation into two separate rooms, and refurnishing the other rooms.