Glendola Leisure & Carlton Hotel Collection acquire Belfast site

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Glendola Leisure and Carlton Hotel Collection have added the Tipsy Bird in Belfast to their portfolio of businesses, as well as purchasing the adjoining development site with the view to building a 4-star modern design hotel and multiple retail concepts.

Alex Salussolia, Managing Director at Glendola Leisure, said, “We have been looking at Belfast for some time and see it as a city with a bright future for hotels, and food and beverage outlets.

‘We currently operate 21 bars and restaurants throughout the UK so the Tipsy Bird and adjoining site is the perfect fit for our long-term development plans and we are really looking forward to our expansion into Belfast.”

Managing Director of Carlton Hotel Collection, Alfred Bree added, “This is a really exciting opportunity for Carlton. We are building a new design hotel in The Old Town of Edinburgh, which will be opening in May 2019. The Belfast development will be our next focus and we’re confident we will build a hotel of which the city can be proud.”

Graeme Ramsay, the group Finance Director, said, “The group has a long-term relationship with Barclays Bank and they have provided financing to support the initial acquisition. We have worked really hard on this particular deal and are delighted to be investing in this wonderful city.”

Glendola Leisure & Carlton Hotel Collection acquire Belfast site by Caterlyst | Caterlyst - https://www.caterlyst.com/

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