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.
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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.