Mar Hall sold as new owners announce £15m investment package

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Mar Hall Hotel, Golf and Spa Resort, which fell into administration earlier this year, has been acquired by Dubai-based Dutco Group, supported by investment and asset management firm, Align Partners.

A £15million investment package has also been promised as the owners plan to expand and upgrade the property as part of a repositioning strategy to establish the resort as an international destination that will see it “rival world-class resorts such as Cameron House and Gleneagles”.

Dutco Group and Align Partners are already in conversations with architects and interior designers, with appointments expected in January and work due to begin in early 2024. The plans include new luxury woodland lodges, revitalised leisure and spa facilities, and a refurbishment of the guestrooms and public spaces.

Dutco Group brings impressive hospitality experience to the deal which includes the delivery of its JA branded luxury hotel properties in Dubai, Maldives and Seychelles and Marriot brand in the United States. The deal comes as the latest in a string of successful hospitality acquisitions for Align Partners, following recent refurbishments across the likes of The Morrison Dublin, Curio Collection by Hilton, Formby Hall Golf Resort & Spa in Liverpool, and Powerscourt House & Gardens in Enniskerry, Ireland.

Nelson Gibb, Group Chief Executive Officer at Dutco Group, said, “This is our first hotel acquisition in Scotland which is recognised as a world-class destination for hospitality. This deal is testament to our confidence in Mar Hall and what we believe we can achieve through targeted and creative investment. We are looking forward to working with the Mar Hall team and our partners over the coming years to bring our vision to life.”

Chris King, Managing Director at Align Partners, added, “Mar Hall has strong fundamentals which made this hotel a solid proposition for us. In addition to its physical assets, its striking setting, coupled with its previous reputation for excellence, position it well for redevelopment. Our vision is to ensure it reaches its full potential and can compete with Scotland’s best 5-star hotels, restoring its luxury country club reputation.

“As we embark on our aspirations, the hotel remains open for business and the wedding calendar will continue as scheduled.”

Kris Aspin, Head of EY Scotland’s Turnaround and Restructuring team said,  “We are delighted to secure the future of Mar Hall. We received an exceptional level of interest in the resort from around the world, underlining the attractiveness of premium Scottish hospitality assets and Mar Hall’s significant potential. We are very grateful to the loyal team at Mar Hall for their support and we wish them and the new owners all the best for the future.”

The Joint Administrators at EY were advised by Savills and Addleshaw Goddard LLP. Mar Hall Hospitality Ltd (a Dutco Group company) was advised by Pinsent Masons.

 

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Category: Hotel News, News
Tags: Align Partners, Chris King, Dutco Group, EY Scotland, Golf and Spa Resort, Mar Hall, Mar Hall Hotel, Nelson Gibb