Press Releases

Dawnay Shore acquires Furlong Hotels through Christie + Co

13 December 2005
Christie + Co’s corporate hotels team has recently negotiated the sale of Furlong Hotels. The Furlong Hotel Group, which includes some of the finest country house hotels in the UK, has been acquired by Dawnay Shore Hotels for £41 million.

Furlong’s collection of classic country houses includes the world-famous 70-bedroom Lygon Arms, which is set in the picturesque Cotswold village of Broadway, Worcestershire. The company’s other hotels are the 71-bedroom Billesley Manor — a classic Elizabethan house in Warwickshire, and the 40-bedroom Combe Grove Manor — a Georgian Mansion in a woodland setting near Bath.

Christie + Co’s corporate hotels team was responsible for successfully negotiating the deal on Furlong Hotels’ behalf. “We have previously provided Furlong Hotels with valuation advice,” explains Christie + Co Director Jeremy Jones. “We’re obviously very familiar with the Furlong portfolio and we were delighted to negotiate a successful sale on the company’s behalf.”

Dawnay Shore Hotels Plc was established in July 2004 by Dawnay, Day and Shore Capital, to build a chain of four-star hotels in the UK. The company initially acquired Paramount Hotels from Alchemy Partners in July 2004 and has since acquired a number of additional properties.

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For further information on this press release, please contact Lorna Byrne at Christie + Co.
Tel: 020 7227 0797 or 07734 856836
lorna.byrne@christie.com

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