CHARDON BUYS TWO HOLIDAY INN EXPRESS HOTELS IN SCOTLAND

Hotel and restaurant management company Chardon has purchased two Holiday Inn Express hotels in Scotland from property specialists CHGF for an undisclosed sum: the five-storey, 78-room Holiday Inn Express Edinburgh – Royal Mile in the Scottish capital, and the three-storey, 82-room Holiday Inn Express Dunfermline in the town of Dunfermline in the east of the country. The two hotels, which will continue to be operated under franchise agreements by Interstate Hotels & Resorts, were on the market for offers of around £12 million.

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