Substantial property in close proximity to Piccadilly train station, central Manchester.
Hotel operated by Macdonald hotel, with limited GDS.
Macdonald identified the property as non-core.
Off market discussions were held with the owner for acquiring.
Opportunity to enhance the property through CapEx and introduction of an international brand with a powerful GDS.
Investment Strategy
What we did
Introduced Zetland Capital to the transaction ahead of a market sales process.
Introduced Marriott as brand and negotiated the terms of a franchise agreement.
Opened up debt discussions with lenders.
Managed negotiations with the seller.
Contact
Discuss a project with us
Whether you hold an underperforming asset, are weighing an acquisition, or need an owner-side view on strategy and capital, we would be glad to talk it through.
