Lake District hotel acquired by new hotel firm & set for £500k revamp

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Stonecross Manor Hotel in Kendal, Lake District hotel is set to undergo a £500k refurbishment following its acquisition by new company H&M Hotels.

H&M Hotels is planning to establish a growing chain of hotels of character. H&M was advised on this acquisition by hotel turnaround and management specialists Onecall Hospitality, which will operate it on its behalf.

Built in the 1850s, Stonecross Manor offers 30 bedrooms. It forms part of Onecall’s expanding managed hotel portfolio, which also includes Provincial Hotels and Inns, the new investment company, which acquired 11 Lancashire pubs and hotels from Mitchell’s of Lancaster in its first deal last summer.

H&M Hotels is a sister company to Everbright Lodge, which owns the Rossett Hall Hotel in Wrexham and recently acquired Wild Pheasant in Llangollen, North Wales.

Lake District hotel acquired by new hotel firm & set for £500k revamp by Caterlyst | Caterlyst - https://www.caterlyst.com/

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