Belfont Hotels completed the acquisition of Cosmopolitan Hotel from Peel Hotels.

Belfont Hotels, a joint venture owned by the Thakerar and Dhamecha families, completed the acquisition of Cosmopolitan Hotel from Peel Hotels, the UK hotels manager. Financial terms were not disclosed. “We are excited to have secured such a diverse hotel as The Cosmopolitan. Leeds city centre generates such strong corporate and leisure demand across the year and, once our investment has been undertaken, we will have one of the best hospitality venues in the city,” Keval Thakerar, Belfont Hotels.