UK: Hospitality group KE Resorts has acquired The Queen Resort Cheltenham from Sutton Resort Assortment, marking its fifth owned property within the UK.
The 84-bedroom resort is housed in a Grade II-listed constructing within the centre of Cheltenham. Constructed within the 1800s, it sits on a 1.13-acre web site overlooking Imperial Sq..
Josh Watts, chief working officer at KE Resorts mentioned: “We’re delighted to welcome The Queens Resort Cheltenham into the KE Resorts portfolio. To personal a resort of such historic standing within the centre of one of many UK’s most iconic spa cities is an actual privilege. We’re excited to work alongside a incredible onsite staff to construct on the resort’s heritage and ship an distinctive visitor expertise.”
Anil Khanna, managing director of KE Resorts mentioned: “That is an thrilling time for KE Resorts as we proceed to construct momentum in our progress technique. The addition of The Queens Resort Cheltenham not solely strengthens our owned portfolio but in addition displays our long-term imaginative and prescient of buying and managing distinctive properties in strategic UK locations. We’re extremely pleased with the progress we’ve made and the staff that’s driving it ahead.”
Savills acted on behalf of Sutton Resort Assortment within the deal. James Greenslade, director at Savills resorts capital markets, mentioned: “The Queens Resort presents important value-add potential, together with lapsed planning consent for a four-storey extension with perform rooms and 17 further bedrooms.
“The sale of this property mirrors the uptick in single asset transactions we’re seeing available in the market, with single asset transactions totalling £1.35 billion in H1 2025, marking an 8.4 per cent year-on-year improve and 1.7 per cent above the 10-year H1 common of £1.33 billion. We want KE Resorts each success with their new enterprise.”
Along with the Queen Resort Cheltenham, KE Resorts owns the Resort Indigo Newcastle, Lindon Lodge Oxford, Moxy Manchester and a set of eight resorts in California.
It additionally manages Hampton by Hilton resorts in Birmingham, Newcastle and Sheffield.
Highlights:
• KE Resorts has acquired The Queen Resort Cheltenham from Sutton Resort Assortment, marking its fifth UK property.
• The 84-bedroom resort is positioned in a Grade II-listed constructing in Cheltenham’s city centre.
• Constructed within the 1800s, the property overlooks Imperial Sq. on a 1.13-acre web site.
