This article relies largely or entirely on a single source. (July 2024) |
Village Hotels is a hotel business founded in 1995 that operates 33 hotels in the United Kingdom. After being controlled by Denver-based private equity firm KSL Capital Partners, the company was purchased in 2024 by The Blackstone Group.[1]
Village Hotels | |
Company type | Private |
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Industry | Hospitality |
Founded | 1976 |
Headquarters | , |
Number of locations | 33 (December 2021) |
Area served | United Kingdom |
Key people |
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Brands |
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Parent |
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Website | village-hotels |
History
editThe company dates back to 1976 when bedrooms were added to Hyde Squash Club, near Manchester, by John Burrows to create Village Hotel and Leisure Club. Other hotels were added in Prestwich and Cheadle before the business was sold to Boddingtons brewery, which was bought in 1996 by its rival Greenall's.
In March 2014, Village Urban Resorts was acquired from De Vere Group by KSL Capital Partners for £435 million as part of the group disposal with sale proceedings being used to payback debts of over £1.75 billion.[2]
Following the reopening of all Hotels after the Coronavirus Pandemic in May 2021, the decision was made that all Village Spas would remain permanently closed. Most Spas have been removed and the space now being accommodated by additions to the Leisure Club.
In Late 2021 the final stages were completed for the removal of the American themed Italian Restaurant - Buca Di Beppo
It was announced on 26 June, 2024 that Village Hotels had been bought by private equity giant The Blackstone Group. It's the groups second foray into the UK hotel market after it purchased Bourne Leisure which owns Warner Leisure Hotels in 2021. [3]
Hotels
editVillage hotels are mainly located on the outskirts of large towns and cities within England, Wales and Scotland. Hotels are mid-sized and operate as lifestyle mid market to upscale properties. Each hotel typically has between 110 and 160 rooms, a Pub & Grill, a Starbucks, meeting & conference rooms (branded as MeetMe Business Hub) and VWorks (new addition to hire smaller meeting rooms by the hour or a monthly membership to use facilities within VWorks) The Village Hotel Blackpool has an 18-hole golf course and an outdoor heated swimming pool.
The chain has 33 hotels which they split into two categories based on the hotel style; Legacy and Black Box hotels. Village currently operates 21 "legacy" hotels and 12 "black box style" hotels.
Locations
editScotland
- Aberdeen
- Edinburgh
- Glasgow
North East & Yorkshire
- Hull
- Leeds North
- Leeds South (Capitol Park)
- Newcastle (Cobalt Park)
North West
- Blackpool
- Liverpool
- Manchester Ashton
- Manchester Bury
- Manchester Cheadle
- Manchester Hyde
- Warrington
- Wirral
Midlands
Wales
- Cardiff
- Chester St David’s
- Swansea
South
- Basingstoke
- Bournemouth
- Bracknell
- Bristol
- Farnborough
- London Watford
- Maidstone
- Portsmouth
- Southampton Eastleigh
- Swindon
References
edit- ^ "Blackstone completes acquisition of major hotel group". Insider Media. Retrieved 10 October 2024.
- ^ "KSL to buy De Vere's Village urban Resorts". www.ft.com. Retrieved 24 August 2016.
- ^ https://www.reuters.com/markets/deals/blackstone-snaps-up-uk-hotel-operator-village-hotels-2024-06-26/