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Insider UK
Insider UK
Business
Peter A Walker

Glenburn Hotel sold out of administration

The Glenburn Hotel, which fell into administration last August, has been sold to the UK’s largest independent hotel group, Bespoke Hotels.

The sale, for an undisclosed sum, adds to Bespoke’s portfolio of 90 hotels in the UK, including 23 in Scotland.

Administrators FRP Advisory marketed the property for offers over £1.1m after it failed to meet operating costs as a result of falling revenue during the pandemic.

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