Loch Lomond’s Cameron House hotel and resort has a new owner.
In a deal reportedly worth £100million, the London-based Victory Group has bought the five-star resort – and the associated 400 acres of Scottish countryside – from Colorado-based private equity firm KSL Capital Partners, which itself acquired the site from QHotels back in 2015 for more than £70million.
There has been speculation about the sale of Cameron House since late last year.
The hotel underwent a four-year closure for renovation following a fire in 2017 which caused the death of two guests. It reopened in May 2021 after some £30m of investment, and there has since been further investment across the wider resort.
There are now a total of 208 bedrooms onsite, plus 115 lodges and self-catering apartments. Alongside an 18-hole championship golf course and a nine-hole course, a range of restaurants and bars, a 29-seat cinema and a marina, there’s the award-winning Cameron Spa, recently revamped with a reported price tag of £300,000.
Last year, Graeme Cheevers, the chef behind Glasgow’s Michelin-starred Unalome, opened a restaurant at Cameron House.
All that now passes to the Victory Group, which also owns Switzerland’s largest five-star hotel, the Fairmont Grand Hotel Geneva, plus the Zudo project, a huge mixed-use urban redevelopment in Amsterdam’s Zuidas.
Victory Group founder Erik Moresco said: “This acquisition reflects our strong conviction in high-quality assets in attractive locations.
“Cameron House combines a setting of breathtaking beauty, heritage and luxury, with legendary Scottish hospitality.
“We are excited to be making our first acquisition in Scotland, and we continue to see the UK as a compelling investment market.”
