Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Jasminder Singh snaps up second hotel in four weeks

29 November 2011 by
Jasminder Singh snaps up second hotel in four weeks

Jasminder Singh has bought the four-star, 169-bedroom New Providence Wharf hotel in Canary Wharf - the second property the owner of one of London's largest privately owned hotel groups has bought in four weeks.

The purchase, off a guide price of £37.5m, increases the number of hotels now owned by Singh's Edwardian Group to 14. Last month, Singh bought the iconic Grade II-listed Free Trade Hall in Manchester, which the group had managed as a Radisson Edwardian hotel since 2004.

The New Providence Wharf has been operated under the Radisson Edwardian brand for the past four years.

The hotel is situated on the banks of the River Thames, close to London City Airport, with views across to the O2 Arena. Its sale to the Edwardian Group secure jobs and further investment in the property.

Speaking on behalf of Singh, Edwardian Group chief operating officer Paul Mansi said the latest acquisition added significantly to its portfolio, which now involves the ownership of 13 of the 14 hotels it operates in the UK.

"It also brings the hotel under our full control, which will allow us to broaden the scope of the hotel's offering in due course," he said. "The group is well positioned to make further purchases when interesting opportunities present themselves."

Jasminder Singh buy's Manchester's Radisson Edwardian Free Trade Hall >>

Radisson Edwardian to open hotel in Guildford >>

Caterer and Hotelkeeper 100 - Jasminder Singh >>

By Janet Harmer

E-mail your comments to Janet Harmer here.

Tabletalk
Tabletalk
If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.catererandhotelkeeper.com/tabletalk

Catererandhotelkeeper.com jobs

Looking for a new job? Find your next job here with Catererandhotelkeeper.com jobs

Blogs on Catererandhotelkeeper.com ](http://www.catererandhotelkeeper.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[E-newsletters](http://www.catererandhotelkeeper.com/email-newsletters.htm)[ For the latest hospitality news, sign up for our E-newsletters
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking