Macdonald Hotels & Resorts Announce £5m Investment in Hotel Portfolio
Macdonald Hotels & Resorts has announced that they are to invest over £5m to improve the facilities within the group's portfolio of hotels, conference and meeting spaces.
The company is the largest privately owned hotel group in the UK and is committed to providing guests with a high standard of facilities and service.
Refurbishment of bedrooms has already been completed in the 4* Macdonald Alveston Manor hotel in Stratford-upon-Avon and the 5* Macdonald Randolph Hotel in Oxford, with a £500,000 refurbishment of the ground floor of the Macdonald Tickled Trout Hotel in Preston, including a new reception area, Costa Coffee and a further Macdonald Hotels "Scottish Steak Club" grill restaurant. Improvements in other hotels within the group will take place over the next few months.
Macdonald Hotels & Resorts Chief Executive, David Guille commented, "As a business Macdonald Hotels is renowned for providing the highest standards of product and service. On-going investment in our hotel portfolio, conference facilities, food, IT infrastructure and carbon saving initiatives, reflects a firm commitment to ensure guests can expect and receive the quality of hospitality experience expected of a market leading hotel group."
The Macdonald JQ Hotel in Birmingham will be one of the latest additions to Macdonald Hotels & Resorts Group, due to open in 2014, offering a high standard of accommodation and guest facilities in a city centre location.
Principal International are delighted to offer investors the opportunity to purchase a room within the Macdonald JQ Hotel in Birmingham, with a net rental return projected up to 11% and an assured minimum return for 2 years. Rooms are priced at just £89,950 with 50% non-status finance available.
For details of this superb hotel investment, please click here.