The founder of a North East hospitality group says it is on the acquisition trail as it unveiled its latest addition.
The 24-bedroom Grade II listed Croft Hotel at Croft-on-Tees is set for a £2m upgrade after being acquired by Newcastle-based leisure operator The Apartment Group for an undisclosed sum. Work is set to start imminently on the addition of six new bedrooms, the creation of a new enchanting Chapel, an extensive transformation of the function suite and a range of other improvements across the hotel’s restaurant, wellness facilities and gardens, with the expanded venue expected to be ready to host weddings and events this summer.
Up to 30 new jobs are also expected to be created as part of the upgrade, with the hotel’s existing team all staying in post. And The Apartment Group founder Duncan Fishers said he is already looking at the next wedding venue acquisition, with plans in place for future expansion into Yorkshire and along the M62 corridor.
