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."