Hallmark Hotels is an owner and operator of four star hotels based in UK regional markets. It was an investment made by Hermes Private Equity.
| Sector | Consumer | ||
| Acquired | 2007 | Deal size | £55m |
Hallmark Hotels was created as a vehicle to build a group of hotels through acquisition. The investment strategy is based upon acquiring underperforming three star hotels and converting them to four star hotels through a combination of operational improvement and managed refurbishment.
In August 2014 the company was sold to Topland in a
transaction achieving a 2x multiple on the original
investment.
To learn more about the company, visit www.hallmarkhotels.co.uk.