UK: Hospitality group KE Lodges has acquired The Queen Resort Cheltenham from Sutton Resort Assortment, marking its fifth owned property within the UK.
The 84-bedroom resort is housed in a Grade II-listed constructing within the centre of Cheltenham. Constructed within the 1800s, it sits on a 1.13-acre web site overlooking Imperial Sq..
Josh Watts, chief working officer at KE Lodges mentioned: “We’re delighted to welcome The Queens Resort Cheltenham into the KE Lodges portfolio. To personal a resort of such historic standing within the centre of one of many UK’s most iconic spa cities is an actual privilege. We’re excited to work alongside a unbelievable onsite crew to construct on the resort’s heritage and ship an distinctive visitor expertise.”
Anil Khanna, managing director of KE Lodges mentioned: “That is an thrilling time for KE Lodges as we proceed to construct momentum in our progress technique. The addition of The Queens Resort Cheltenham not solely strengthens our owned portfolio but additionally displays our long-term imaginative and prescient of buying and managing distinctive properties in strategic UK locations. We’re extremely happy with the progress we’ve made and the crew that’s driving it ahead.”
Savills acted on behalf of Sutton Resort Assortment within the deal. James Greenslade, director at Savills resorts capital markets, mentioned: “The Queens Resort presents vital value-add potential, together with lapsed planning consent for a four-storey extension with operate rooms and 17 further bedrooms.
“The sale of this property mirrors the uptick in single asset transactions we’re seeing available in the market, with single asset transactions totalling £1.35 billion in H1 2025, marking an 8.4 per cent year-on-year enhance and 1.7 per cent above the 10-year H1 common of £1.33 billion. We want KE Lodges each success with their new enterprise.”
Along with the Queen Resort Cheltenham, KE Lodges owns the Resort Indigo Newcastle, Lindon Lodge Oxford, Moxy Manchester and a group of eight resorts in California.
It additionally manages Hampton by Hilton resorts in Birmingham, Newcastle and Sheffield.
Highlights:
• KE Lodges has acquired The Queen Resort Cheltenham from Sutton Resort Assortment, marking its fifth UK property.
• The 84-bedroom resort is situated in a Grade II-listed constructing in Cheltenham’s city centre.
• Constructed within the 1800s, the property overlooks Imperial Sq. on a 1.13-acre web site.
