Announced

Completed

Fairtree Hotel Investments completed the acquisition of Crerar Hotel Group.

Synopsis

Fairtree Hotel Investments, a specialist hotel investment adviser and manager, predominantly focused on hotel investment opportunities in the UK, completed the acquisition of Crerar Hotel Group, a hotel chain company. Financial terms were not disclosed. “We set out to deliver the type of hotels and service that properly reflects Scotland - a world class destination that is consistently a podium finisher in the global tourism marketplace. It’s been an absolute joy seeing our ambitions flourish and be rewarded by guest demand and loyalty,” Paddy Crerar, Outgoing Chairman.

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