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Blackpool hotel bought by global consortium

The PM Group of Hotels Ltd, a consortium with a hotel portfolio spanning the UK, India, the Caribbean and North Africa, has bought the Henson Hotel in Blackpool off a guide price of £599k.

With expertise in property management, accommodation services, revenue management and online distribution, the PM Group of Hotels was formed with the mission of delivering high quality accommodation to the independent hotel sector. The acquisition of the Henson Hotel in Blackpool marks the group’s first site in Blackpool.

PM Group director, Tim Teo commented, “We are delighted to open our portfolio in Blackpool starting with the Henson Hotel. The Henson is a landmark for us, we currently have 400 hotels under revenue management but we have plans to add many more properties under the direct management model which we believe will give our portfolio a better balance.

'Blackpool is an amazing destination which still has huge potential for hoteliers with a modern approach. We bring a 21st century outlook combined with traditional values and look forward to being part of the local business community in Blackpool. The business will run as usual, with no break in service.”

Fleurets' Lesley Watmough added, 'This 45 bedroom hotel has proved extremely popular throughout the country, not just in the local market. Blackpool has seen major investment in recent years which seems to have added to the resorts popularity. The hotel was previously owned by David and Susan Jones for eleven years, who would like to thank all the hotel guests for there custom and support over this time.”