PANDOX PREFERRED BIDDER FOR JURYS INN

Swedish hotel investment group Pandox has been selected as the preferred bidder for the purchase of the Jurys Inn portfolio after placing a bid of around £800 million. The portfolio, which is being sold by US private equity firm Lone Star Funds, includes 36 Jurys Inn hotels (across the UK, Ireland and Czech Republic) and the Hilton Garden Inn London Heathrow. It is reported that Pandox has teamed up with Fattal Hotels owned Leonardo Hotels as its operating partner for the deal.

Back