The Inn Collection acquires The Carlton Hotel in Lytham St Annes
The Inn Collection Group’s portfolio reaches 23 as it acquires The Carlton Hotel in the popular north-west seaside resort of Lytham St Annes.
The acquisition of The Carlton Hotel takes the group’s estate total to 23, with the site reopening Monday 24th May, trading as a part of The Lindum.
Sean Donkin, Managing Director, said: “We’re excited to be expanding in this fantastic part of the North. The Carlton will be a great addition to The Lindum and allow us to further our fantastic offering to more people.
“2021 has continued to be a year of substantial growth and this asset will help us increase our offering in Lancashire. We are also delighted that with this acquisition we can contribute to job creation and economic development across the supply chain giving a much-needed boost within the communities we operate during these challenging times.”
The Alchemy backed group has recently re-evaluated their growth plans and has increased its target of sites to 40 by the end of 2022. During the last month, the group has expanded their portfolio further by acquiring two sites in the Lake District, The Wateredge Inn and The Waterhead Inn.
The group is also set to open newbuild site on Wearside in June. The Seaburn Inn is a 40-bedroom unit located on the shores of Seaburn and offers en-suite rooms with sea views, al fresco dining and a children’s play area.
Completing the sale was specialist business property adviser Tom O’Malley from Christie & Co, whilst The Inn Collection Group were advised by Imogen Holland at Newcastle-based law firm Ward Hadaway, with Neil Hart at Bradley Hall on pre-acquisition diligence.