COMPASS ACQUIRE BIG SLEEP PORTFOLIO IN UK
In a joint venture with Singapore-based Seacare Hospitality Pte Ltd, Thai group Compass Hospitality has acquired a portfolio of three hotels in the UK for an undisclosed sum. The Big Sleep Hotels' portfolio includes the 81-room Big Sleep Hotel Cardiff, in the Welsh capital; the 59-room Big Sleep Hotel Cheltenham, on the edge of England's famous Cotswolds area; and the 50-room Big Sleep Hotel Eastbourne, in the seaside resort of Eastbourne on England's south coast. The hotels will be managed by Compass and bring the group's portfolio in the UK up to five hotels. Compass has 49 properties overall in Thailand, Malaysia and the UK.