Northumberland based The Inn Collection Group expands with “unique” first Wales acquisition
The Inn Collection Group has swooped on its first Welsh site, The Swallow Falls Hotel in the heart of the Snowdonia National Park, North Wales.
The Northumberland based operator has bought the 19-room site and adjoining hostel with campsite in North Wales. The undisclosed deal is the award-winning operator’s first acquisition in Wales and its first outside of its north of England heartland.
The site will be closed while The Inn Collection Group begins an immediate restoration of the building, which is located alongside the famous Swallow Falls waterfall in Betwy-y-Coed.
Sean Donkin, managing director of The Inn Collection Group said: “We are absolutely delighted to be bringing The Swallow Falls hotel into our pubs with rooms family and to have completed on our first Welsh purchase.
“What sets The Inn Collection Group aside is the exceptional locations of our trading environments and their beautiful outdoor localities and The Swallow Falls Hotel is a perfect match.
“We are passionate about investing in unique sites like Swallow Falls and to unlocking their potential through sympathetic restorations while preserving the character and charm that makes them such special places to eat, drink, sleep and explore from.
“We look forward to investing in a significant but careful refurbishment of this property and beginning a new chapter for The Inn Collection Group as part of the community fabric here in North Wales.”
Neil Thomson, associate director with Colliers, who handled the sale on behalf of the former owner Peter Jones, added: “Swallow Falls Hotel will prove an excellent addition to the Inn Collection Group, being situated in one of the busiest locations within Snowdonia National Park.
It’s an extremely positive sign to see the level of investment promised by The Inn Collection into such an iconic hotel.“
The Swallow Falls Hotel is the Alchemy-backed group’s seventh purchase of 2021 with more acquisitions in the pipeline as it continues to expand with strategic ‘buy and build’ growth plans, supported with banking via OakNorth.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular North East morning email for free.