Hotel

Dumbleton Hall Hotel set for redevelopment

UK: The three-star hotel will be upgraded to a four-star venue by US-based Chatham Park Development, and operated by Bespoke Hotels. OakNorth Bank has provided a finance facility supporting the acquisition and redevelopment of the Grade II-listed property. It is located on the border of Gloucestershire and Worcestershire. The hotel

Podcasts

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Hotel

Greenwich hotel set for mixed-use conversion

UK: The Antigallican pub and hotel in London’s Greenwich area is set to be converted into a mixed-use scheme with 60 studio apartments managed by Home Studios 4U. OakNorth Bank has completed a £5.6 million loan to Gallican Investments Limited, led by Ali Reza Ravanshad who also founded property developer

Events

Trailblazer Webinars

The creators, the agitators and the visionaries Hosted by Boutique Hotel News editor Eloise Hanson, our Trailblazer webinar series is designed for hotel owners, operators, investors, developers and service providers within the hotel space. No cost to join and designed to encourage participants to think differently as we look to the future;

Features

Some are not lending, but there remains strong opportunities

Deepesh Thakrar, senior debt finance director at OakNorth Bank, highlights the opportunities in lending to hotels. So many lenders have, at least temporarily, given up on lending to hotels – but we’re still finding plenty of strong opportunities to support the sector. It’s fair to say last year has been

Hotel

Former Northallerton police station to be repurposed

UK: The Inn Collection Group will transform the former Northallerton police station in North Yorkshire into a 32-bedroom inn, with work set to begin early next year. The site is expected to open in autumn 2021 as The Northallerton Inn, creating up to 50 full and part time jobs. The

Hotel

Inn Collection Group makes sixth purchase of 2020

UK: The Inn Collection Group has added another property to their portfolio, acquiring popular Whitby venue The Stables at Crossbutts. It will be the third property the group owns in Yorkshire and the sixth purchase made by the group in 2020 in spite of COVID-19. The company is currently undergoing

Hotel

Signet Hotel Group secures £3.7m loan for hotel refurbishment

UK: The group acquired The Mitre Hotel in January 2020, and have secured a loan from OakNorth Bank to refurbish the 36-bedroom property and upgrade it from a three to five-star hotel. The Grade II-listed hotel, located on the banks of the River Thames and close to Hampton Court Palace,

Hotel

The Inn Collection Group acquires fourth Lake District site

UK: The Alchemy-backed group has purchased a landmark Cumbrian coaching inn, The Swan in Grasmere. The 38-bedroom The Swan marks the 14th property in the group’s portfolio. It closely follows that of The Black Swan in Helmsley, Yorkshire. The Inn Collection made its Lake District debut in December last year

Hotel

edyn to open its second Locke aparthotel in London

UK: Located on the Thames at the Millennium Bridge, the 113-room Locke at Broken Wharf is set to open next month. The studios in the aparthotel are designed by Matthew Grzywinski of Grzywinski+Pons. Room sizes include the Locke Studio (29 square-metres) or the larger premium River Suites (33 square-metres). Each