PRODUCT & INDUSTRY NEWS
Fattal Group , owner of Leonardo Hotels , acquires Brighton ’ s historic Grand Hotel
- FATTAL GROUP -
Fattal Group (“ the Group ”) - owner of Leonardo Hotels UK & Ireland - one of the fastest growing hotel companies in Europe , has today announced the acquisition of the award winning , historic Grand Hotel in Brighton . The Group plans to invest significantly in the transformation of rooms and facilities and are committed to retaining the hotels iconic status and title .
First opened in 1864 , the Grand Brighton occupies a prime location on Brighton ’ s seafront with unobstructed views over the English Channel . The seven floor hotel has 201 rooms , including seaside facing balcony bedrooms and luxury suites , a restaurant and bar and a dedicated meeting and banqueting space , providing in excess of 1,200 sqm across 13 rooms . This includes the sea-facing Empress Suite , which can accommodate up to 900 delegates .
The acquisition of the Grand follows Fattal Group ’ s recent acquisition of the iconic Dilly hotel in Piccadilly , London and the 2018 acquisition of the Midland Hotel in Manchester , where the group invested in transforming the hotel , restoring the Midland Hotel as one of Manchester ’ s leading hotels .
These acquisitions strengthen the position of Leonardo Hotels as one of the UK and Ireland ’ s leading hotel brands and one of the fastest growing hotel groups in Europe . The Dilly and Grand Hotel acquisitions were undertaken through Fattal ’ s € 400m fund , raised in partnership with a number of institutional investors . In July , it also acquired six landmark hotels in Spain for over € 165 million and recently announced the acquisition of nine hotels in Austria in Vienna , Salzburg and Linz .
Commenting on the Grand announcement , David Fattal , CEO and Owner of the Fattal Hotel Group said : “ We are delighted to follow up our acquisition of the Dilly by adding The Grand Brighton to our group , another addition to our growing portfolio of luxury hotels . We believe our locations , our strategy and the proven capabilities of our people puts our group in a unique position to leverage and capitalise on the emerging opportunities we see across the UK hotel sector .
“ Our vision is to create one of Europe ’ s best performing hotel groups , where we nurture our talent to be the best , and create exceptional customer experiences .”
Ronen Nissenbaum , CEO of Fattal Hotels in the UK , Ireland , Netherlands , Belgium , Spain , and Portugal , added : “ The iconic Grand Hotel Brighton is an excellent acquisition for the group , and reflects the ongoing success of our hotels , and very much consistent with our ambitious growth strategy . We look forward to working with the Grand team to build on their successes todate and continue enhancing the great experiences and service they consistently deliver to their guests .”
The Grand will join the Group ’ s expansive collection of hotels in the South of England , which include Leonardo Royal Hotel Brighton Waterfront , The Dilly in Central London , Leonardo Royal Hotel Southampton Grand Harbour , Leonardo Royal Hotels at London City , Tower Bridge , and St Paul ’ s London , NYX Hotel London Holborn and Leonardo Hotels in Plymouth , Exeter , Brighton and Southampton .
www . fattalhotelgroup . com
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