Cameron House changes hands for second time in a year

UK: The Cameron House resort, on the banks of Loch Lomond, has been bought by US private equity firm KSL Capital Partners for around £80 million.

UK: The Cameron House resort, on the banks of Loch Lomond, has been bought by US private equity firm KSL Capital Partners for around £80 million.

It bought the property from QHotels, which acquired Cameron House from De Vere in November 2014.

Cameron House has 132 bedrooms along with a championship golf course, a range of self-catering lodges and the Michelin-starred Restaurant Martin Wishart.

KSL, which also owns the Belfry hotel and golf resort in the West Midlands, sold the Malmaison boutique hotel chain to Frasers Hospitality a £363 million deal in June.

QHotels has also announced plans to invest £50 million across its remaining hotels over the next two years.

The firm, jointly owned by US investors Sankaty Advisors and Canyon Capital Advisors, said the investment was a “clear demonstration” of its confidence in the business.

Managing director Michael Purtill said: “We constantly look at ways to deliver better products and services and how we can continue to improve, based on our customers’ feedback. The £50 million will be invested in areas specifically highlighted, such as wi-fi, to ensure that we continue to lead and innovate in the sector. We were the first large hotel group to offer wi-fi free for guests, but now with the demands of streaming and multiple devices we need to make sure that we not only keep pace with customer expectations but exceed them.”

Cameron House was once the home of the Smollett family, the most famous of whom was 18th century novelist Tobias Smollett.

Over the years it has hosted the likes of Sir Winston Churchill, Sir Anthony Eden, Princess Margaret and Empress Eugenie of France.

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