Jupiter Hotels takes over five Choice properties
Jupiter Hotels has taken over the management of five hotels after their previous management company, part of the Akkeron Hotels Group, sank into administration earlier this month.
In an agreement announced today, Jupiter has taken over the Quality Hotel Bury St Edmunds, Quality Hotel Colchester, Quality Hotel Peterborough and Quality Hotel Kings Lynn – all of which are three-star rated – plus the four-star 76-bedroom Clarion Collection Hotel Cromwell Stevenage.
The leasehold properties are all part of the Choice Hotels network and have remained operating as normal since Akkeron Hotels went into administration.
The addition of the five hotels gives Jupiter a total of 31 across the UK.
CEO Shane Harris said: "The addition of these five new hotels is a positive move for us, representing an increase of almost 20% in the size of our portfolio and establishing us as a multi brand leader in the midscale hotel segment.
"These management contracts enable us to establish a strong foothold in East Anglia, one of the UK’s fastest growing regional economies after London and the South East.
"We are committed to developing the Jupiter Hotels portfolio in the UK. Winning management contracts is a key part of our development strategy. We have a proven track record of successfully managing and operating hotels across the country and this expertise has been recognised by the parties who we’ve entered into agreements with."
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