Strathpeffer hotel acquired by overseas investor
A Strathpeffer hotel has been acquired by an overseas investor.
The Highland Hotel has been sold to Singapore’s Buxani Group. It will be managed by Compass Hospitality, a Bangkok and UK-based hotel company.
The 134-bedroom hotel was previously owned by Coast & Country Collection and the sale was completed by hotel property advisor, Christie & Co.
Harmil Singh, president and chief executive of Compass Hospitality, commented: “The Highland Hotel is another significant addition to our fast-growing portfolio, showcasing the Scottish
Highland’s unique charm and heritage. We look forward to continue our growth and commitment to the UK hospitality market.”
Gary Witham, director in Christie & Co’s Hotel team, who acted for the seller, added: “We are delighted to announce the Highland Hotel is joining the Compass Hospitality managed portfolio. The Scottish Highlands remain a key tourist market with strong buyer demand and the hotel is ideally positioned to capture the steady leisure and coach business.
“The hotel is one of the 33-assets put to market as part of the Coast & Country Portfolio. The properties have received very strong interest to date, and a very limited number of these assets remain available, so we invite any interested parties to get in touch.”
