QHotels, one of the largest golf resort operators in the UK, has been sold for a reported £525 million.
The company has been purchased by UK real estate investment company Aprirose, acting in partnership with China’s Cindat Capital Management.
QHotels’ portfolio includes 26 hotels, along with 17 golf courses spread across 10 golf resorts, the majority of which are based in the Midlands and the North, plus one in Scotland.
Aprirose has appointed Redefine BDL Hotels to manage the 26 hotels. As a result RBH will now manage more than 75 hotels across the UK, providing 11,000 rooms.
QHotels, which was founded in 2003 by managing director Michael Purtill; finance director Ian Goulding, and investment company Alchemy Partners, started with just two hotels. At the time of the sale, its golf portfolio comprised Aldwark Manor, Belton Woods, Dunston Hall, Forest Pines, Hellidon Lakes; Mottram Hall, Oulton Hall, Slaley Hall, Telford Hotel, and The Westerwood.
RBH Chief Executive Officer, Helder Pereira said: “It has been a pleasure to work with the team at QHotels throughout the sale process. Our priority now is ensuring all of our guests, including golf members, enjoy the best possible experience at our hotels – so it is business as usual in terms of hotel and course operations. We’re firmly focused on delivering the high standards of service our guests expect and deserve, and our golf members will continue to have access to 10 sensational resorts.”