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Cameron House on market, separately from rest of QHotels

28 April 2015 by
Cameron House on market, separately from rest of QHotels

Cameron House on Loch Lomond has been put up for sale separately from the rest of the QHotels portfolio.

The five-AA-star, 132-bedroom hotels was one of six properties within De Vere Hotels which was sold to Sankaty Advisors and Canyon Capital Advisors, the owners of QHotels, in November 2014 for around £160m.

Sankaty and Canyon, which started proceedings to offload the 27-strong QHotels group last month, now intends to sell Cameron House as a separate entity.

The sale of the majority of QHotels is being handled by Rothschilds, who is looking to achieve a figure of around £650m, while CBRE is selling Cameron House for a rumoured £80m.

Cameron House, which comprises two golf courses , a spa and 184 timeshare lodges, is the second major resort hotel in Scotland to come to market in recent months. The five-AA-red-star, 232-bedroom Gleneagles resort, host venue of the 2014 Ryder Cup, is currently for sale for more than £200m.

Other hotels within the QHotels group includes the four-AA-star, 312-bedroom Midland hotel in Manchester and the four-AA-star, 215-bedroom Queens in Leeds.

Six-strong De Vere Hotels sold to QHotels >>

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