Royal Ashton Hotel in Taunton snapped up by Host RMH
Specialist business property adviser, Christie & Co is pleased to announce the Royal Ashton Hotel in Taunton has been sold to growing hospitality management operator, HOST RHM.
Located in the heart of Taunton, this 37-bedroom hotel has undergone an extensive refurbishment program since it was acquired by the seller, East Meets South West Limited in 2016. This has included external rendering, reconfiguration of certain rooms to provide more family accommodation, WIFI access throughout the hotel, updating of the lobby, communal areas and en-suite bathrooms.
The sale marks HOST RHM’s first independent hotel purchase in the area. With more than 80 years of international and domestic hospitality experience, the group is known for its delivery of exceptional hospitality management services. It combines its ‘people first’ approach with a commitment to continual training and development, which delivers an exceptional guest experience.
The current team will remain at the hotel to deliver existing services from guest relations to operations and maintenance.
Tim Jones, Chief Executive Officer, HOST RHM, said, “This is an exciting step forward for HOST RHM and demonstrates our commitment to the local area and is the start of a new portfolio of high performing hotels for HOST RHM. Drawing on our vast experience and knowledge, we’re looking forward to applying our innovative, people driven approach to the Royal Ashton Hotel and working with the team and the local supply chain to further maximise its full potential.”
Stephen Champion, Director at Christie & Co, who handled the sale adds, “We are delighted to have brokered the sale of the Royal Ashton Hotel, securing the future of the hotel and the staff who work within it. Demand for hotels in the South West remains high and we continue to see new and existing operators looking to buy quality assets with upside opportunity.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7448 8849 or E: bronte.hughes@christie.com
Contact the agent:
Stephen Champion, Director
P: +44 (0) 7736 619 536 or E: Stephen.champion@christie.com
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