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

Swallow Hotels buys Corus cast-offs

24 June 2005

Swallow Hotels, part of the London Inn Group (LIG), has bought eight hotels from Corus for £32.9m.

Corus owner Malayan United Industries (MUI) said the hotels were sold because they didn't fit the brand, despite all being profitable last year.

MUI said it would maintain hotels as its core business but would be looking for other properties to move forward.

Sale proceeds will be used to pay off debt, said MUI.

London Inn Group, which trades principally as London & Edinburgh Inns, has 75 hotels with in excess of 3,500 bedrooms in its hotel and inns division. Swallow Hotels accounts for the majority of properties in the division.

LIG also operates managed and tenanted pubs in England and Scotland as well as a number of unbranded restaurants.

Buy this week's Caterer magazine for more industry news and analysis

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