Largest golf operator in UK is sold

QHotels, which runs ten golf resorts in England and Scotland, has been bought in a deal worth about £525 million.

The UK’s largest golf resort operator has been bought by real estate firm Aprirose, funded by international investors including Chinese investor Cindat Capital Management.

QHotels was owned by Bain Capital Credit and Canyon Partners. Its clubs were The Westerwood Hotel & Golf Resort in Scotland, Slaley Hall in Northumberland, Aldwark Manor Golf & Spa Hotel, Forest Pines Hotel & Golf Resort and Oulton Hall in Yorkshire, Mottram Hall in Cheshire, Belton Woods in Lincolnshire, Telford Hotel & Golf Resort in Shropshire, Dunston Hall in Norfolk and Hellidon Lakes Golf & Spa Hotel in Northamptonshire.

Manish Gudka, chief executive at Aprirose, said: “We are pleased to have completed on this exciting and unique portfolio. This was a complicated deal, which had a lot of interest shown in it from the market, but owing to our investors, contacts and transactional experience we were able to get it done in quick time. The hotels, spread throughout the UK, will add a new dimension to our asset diverse real estate portfolio and also offer us opportunities to further develop the portfolio to increase the number of beds available.”

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A graduate of Cardiff University’s highly respected post-graduate magazine journalism course, Andy has successfully edited four different publications across the B2B, trade and consumer sectors. He is skilled at all aspects of the magazine process in addition to editing websites and managing social media channels.