Carlton buys Manchester hotel
Carlton Hotels UK has bought the 85-bedroom Princess hotel in Manchester.
The hotel will be its third in the UK.
The company's other British properties are the 65-bedroom Carlton George hotel in Glasgow and the 36-bedroom Carlton Mitre hotel in Hampton Court, Surrey.
It also has six hotels in the Netherlands.
The group plans to refurbish the 19th-century Princess hotel and relaunch it as part of its Carlton Hotel Collection.
The price was not disclosed, but offers were invited in the region of £5m.
Christie & Co was the agent.