Eden Hotel Collection buys Bovey Castle

George Sell By George Sell
09 June 2014 | Updated 11 June 2014

UK: Eden Hotel Collection has announced the acquisition of the 64-bedroom Bovey Castle estate, in the Dartmoor National Park, Devon.

UK: Eden Hotel Collection has announced the acquisition of the 64-bedroom Bovey Castle estate, in the Dartmoor National Park, Devon.

It has bought the award-winning Bovey Castle for an undisclosed sum and is planning "a major investment" in the country house estate, which includes an 18-hole championship golf course, spa, country lodges and an outdoor pursuits centre.

The deal closely follows the company's £13.5 million planned investment in the 35-bedroom Tides Reach Hotel in Salcombe, South Devon. The site will be redeveloped to create a 50-bedroom luxury beachfront hotel and spa.

Eden Hotel Collection's managing director Mark Chambers said around £2 million will be spent on renovation and improvements at Bovey Castle: "Bovey Castle is a key acquisition for the group and will add to our existing properties in Somerset, Kingsbridge and now Salcombe. It establishes us as a major force in the hotel and tourism sector across the region. Restoring this iconic hotel and its estate is an exciting project for our team. This famous property has a national and international reputation for excellence and we are very much looking forward to cementing its place as the jewel in the crown of the leisure industry in the South West."
 
He added: "We are delighted to expand further into the south-west, where our parent company, The Rigby Group plc, already has strong business links through its ownership of Exeter Airport, British International Helicopters (BIH) and SCC the international technology company."
 
www.edenhotelcollection.com
www.boveycastle.com

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