Bedford Lodge owner buys Rutland Arms hotel
The owner of the Bedford Lodge hotel in Newmarket has acquired the Rutland Arms hotel for an undisclosed price.
Review Hotels bought the 77-bedroom Bedford Lodge in Suffolk in 2010 off an asking price of £12.5m. The property now has 80 bedrooms and holds four red AA stars and two AA rosettes.
The private family holding company has now added the 46-bedroom Rutland Arms, also in Newmarket, to its portfolio, having bought the property from Oxford Inns.
The hotel has a restaurant and bar, courtyard terrace, and conference and event facilities for up to 60 delegates.
Noel Byrne, chief executive at Bedford Lodge, said: "Rutland Arms hotel is an iconic part of Newmarket's high street and is a great addition to our portfolio. Over the next three years we plan to embark on a significant refurbishment programme for the hotel, which will include extensive reparation works to the exterior and interior of the building."
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