London,
04
May
2017
|
13:13
Europe/Amsterdam

Howard Kennedy advise Fairview Hotels on three hotel acquisitions

Law firm Howard Kennedy is advising Fairview Hotels on its continued and significant expansion, following the acquisition on 28 April of three hotels from Land Securities and AccorHotels.

Fairview Hotels, a large hotel owner and operator, has acquired the 102-bedroom Ibis Cardiff City Centre, the 111-bedroom Ibis Rugby Central, and the 126-bedroom Novotel Newcastle Airport. This follows its acquisition of four Novotel hotels in December 2016.

Fairview Hotels now has a portfolio of 12 hotels, including seven Novotels, three Ibis’s and two Mercure hotels, totalling more than 1,300 beds. All hotels are owned and operated by Fairview under franchise agreements with AccorHotels.

The three new hotels will undergo a renovation and refurbishment programme whilst being integrated into the Fairview portfolio.

Neil Forbes, Director of Operations at Fairview Hotels said:

Neil Forbes, Director of Operations at Fairview
We are thrilled to be taking on these additional properties. We know and understand the Novotel and Ibis brands and believe they will be a great addition to our portfolio whilst strengthening our relationship with AccorHotels.
Neil Forbes, Director of Operations at Fairview

The Howard Kennedy team was led by Real Estate and Corporate Partners Nicky Stewart and Eric Gummers, with support from Real Estate Associates Nikki Bensoor and Chirag Rao, and Banking and Finance Associate Lydia Wood.

Nicky Stewart said:

Partner at Howard Kennedy, Nicky Stewart
Howard Kennedy has worked alongside the management team at Fairview Hotels for many years and played an active role in its growth. We are delighted to have supported them on these acquisitions and will continue to be part of the team as they continue to grow.
Partner at Howard Kennedy, Nicky Stewart

Hogan Lovells acted for Land Securities, CMS advised Accor, and DWF acted for Coutts.

 

 

 

About Howard Kennedy

Howard Kennedy has 53 partners and numbers 350 people in total and works alongside national and international clients across many disciplines, including banking, corporate and commercial, family, finance, employment, dispute resolution, intellectual property, private client, real estate and tax. Howard Kennedy has particular focus on the Financial Services, Media and Technology, Real Estate, Retail and Leisure, Sports Individuals sectors, and, through HK One, the firm’s legal concierge service for high net worth individuals with complex legal needs.

 

Contact

Matt Baldwin, Coast
Tel: 01233 503200 / 07930 439739
Matt@coastcommunications.co.uk

 

Daryl Atkinson, Business Development & Marketing Director
Howard Kennedy
Daryl.Atkinson@howardkennedy.com

Contact
photo:Nicky Stewart
Nicky Stewart
Partner
+44 (0) 20 3755 5727
photo:Eric Gummers
Eric Gummers
Partner: Corporate Real Estate
+44 (0) 20 3755 5480
photo:Nikki  Bensoor
Nikki Bensoor
Associate
+44 (0) 20 3755 5381
photo:Chirag Rao
Chirag Rao
Associate
+44 (0) 20 3755 5674
photo:Lydia Wood
Lydia Wood
Associate
+44 (0) 20 3755 5784
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