Belton Woods has been bought by American investors.
It is one of six bought by Sankaty Advisors and Canyon Capital Advisors from previous owners De Vere. Management has now been handed to Q Hotels.
It has been reported that the move is part of De Vere’s plans to pay down £1.1bn of debt with Lloyds Banking Group.
Managing Director from Q Hotels, Michael Purtill, told the media this was a positive move that would help provide sustained growth for the Q Hotels brand.
He said: “We will be working with each hotel on an individual basis to ensure we build on the best of what they have to offer and complementing this with our experience and expertise.
“ This will help to maximise the conference and events potential of each of the hotels, while strengthening our portfolio in terms of a wider golf, spa & leisure offering.”
The other five hotels involved in the sell off include Cameron House in Loch Lomond, Dunston Hall in Norwich, Slaley Hall in Northumberland, Oulton Hall in Leeds, and Mottram Hall in Cheshire.
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