The Caterer

QHotels buys hotel group Marston for £180m

14 November 2006
QHotels buys hotel group Marston for £180m

Leeds-based QHotels Group has bought the 12-strong luxury hotel group Marston hotels for £180m.

The acquisition takes QHotels's portfolio to 21.

Michael Purtill, QHotels's managing director said the company would be looking to develop Marston's health and leisure brand Reflections across the whole group.

He added a major investment and development plan for the extended group would be announced in the New Year.

QHotels was formed in 2003 by Michael Purtill, Ian Goulding and David Taylor in partnership with investment company Alchemy Partners.

Property agents Jones Lang LaSalle hotels handled the sale.

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By Emily Manson

E-mail your comments to Emily Manson]( buys hotel group Marston for £180m) here.

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