United Kingdom
United States
Asia Pacific
Hilton sells more hotels
Friday, 06 Dec, 2005
0
Hilton has sold a further hotel and signed agreements to sell two others as it continues its strategy to offload UK properties.
Following the sale of 15 properties last month to The Managed House Unit Trust for £382 million, the company has now sold the Hilton Edinburgh Airport to the same buyer for £14.8 million.
Under the terms of the agreement it will retain the Hilton branding.
Hilton has also exchanged contracts with Capedell to take over the London Mews hotel – which has a gross asset value of £9 million – and signed heads of agreement to sell the Wembley Plaza for £10 million to property developer Quintain.
Hilton has already announced it is putting a further £400 million worth of hotels on the market.
Report by Steve Jones
Mark Jaronski of Explore Georgia on FIFA World Cup 2026
Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange
North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
BA suspending all Heathrow to Abu Dhabi flights
Turkish Airlines flight in emergency landing after pilot dies
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel
Foreign Office issues travel advisory for winter sun destinations