BRITANNIA Hotels has acquired its fifth hotel in Scotland after snapping up the Premier Inn at Glasgow’s Charing Cross in a deal brokered by Christie & Co.
The group, which has more than 60 properties across the UK, bought the 278-bedroom hotel for an undisclosed sum from a guide price of £8.5 million. It was sold by owner Whitbread as part of a reconfiguration of its hotels in Glasgow following the opening of the 249-bedroom Premier Inn at St Enoch Square.
Brian Sheldon, regional director of Scotland at Christie & Co, said: “This is a prime example of the buoyancy across the Glasgow and wider Scottish hotel market at present, with the demand for accommodation across Scotland on the rise.”
