100 Year-Old Welsh Hotel, St Kilda Llandudno, Acquired By Inn Collection
Main Photo: The St Kilda Hotel, dates back to 1854
Date: October 2022
Name: St Kilda Hotel
Location: Llandudno, Wales
Number of Keys: 60
Seller: Under family ownership for the past 21 years – Margaret and Ken Jones
Buyer: The Inn Collection Group, managed by MD Sean Donkin
The St Kilda Hotel in Llandudno, Wales, which dates back to 1854, has been acquired by The Inn Collection Group.
It is the third site in Wales for the group’s growing pubs with rooms estate, located on the central promenade and comprising 60 rooms.
Under family ownership for the past 21 years, the new acquisition joins the Swallow Falls Hotel in Betws-y-Coed and The Bull in Beaumaris as properties owned by the group in North Wales.
Sean Donkin, Managing Director of The Inn Collection Group, commented: “We are absolutely delighted to be bringing The St Kilda Hotel into our pubs with rooms family and continue our expansion into Wales.
“What sets The Inn Collection Group aside is the exceptional locations of our trading environments and their beautiful outdoor localities and The St Kilda is a perfect match.
“It’s of the correct size to enhance our presence in the area and we’re thrilled to be having it join our existing coastal properties that delight guests in the North East, North Yorkshire and the Lake District.
“We are passionate about investing in unique sites like the St Kilda and making them special places to eat, drink, sleep and explore from and we’re looking forward to it being part of our new chapter as part of the community fabric here in North Wales.”
The acquisition was completed on a confidential basis via Tom O’Malley, Associate Director – Hotels at Christie & Co. He added: “I’ve been in contact with the owners of St Kilda for a few years, yet we never felt the market was right to sell. However, having now worked with The Inn Collection Group on several deals and understanding what they are after, I knew it would be the perfect fit for their growing estate and approached them confidentially.
“I’m delighted that the deal went through successfully and look forward to working with the group on future acquisitions.”
Edinburgh-based commercial law firm Burness Paull provided legal advice on the transaction, while Neil Hart at Newcastle-upon-Tyne based Bradley Hall advised on pre-acquisition diligence.
The St Kilda Hotel is The Inn Collection Group’s sixth purchase of 2022 as it continues to expand with strategic ‘buy and build’ growth plans.
Price: Undisclosed
THPT Comment: The pubs with rooms market is growing nicely in the UK, both with independant specialists like The Inn Collection as well as the bigger pub chains like Fuller’s, Young’s, Greene King and even enfant terrible Wetherspoons
First Seen: Boutique Hotelier
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