ibis Luton Airport bought in a seven-hotel deal
A hotel near London Luton Airport has been acquired as part of a deal between Starboard Hotels and LaSalle Investment Management.
The ibis Luton Airport and six other hotels from Ares Real Estate Funds and EQ Group have been bought for an undisclosed sum.
The seven hotels have a combined 913 bedrooms and will continue to be managed by Starboard under existing Accor franchise agreements.
The deal brings Starboard’s UK portfolio to 28 hotels with three hotels in major UK airports and more than 3,000 rooms the number of Accor hotels managed by the company has risen to 15.
The other hotels included in the deal are ibis Birmingham New Street, Novotel Birmingham Centre, Novotel Sheffield Centre, ibis Southampton Centre, Novotel Southampton and ibis London Barking.
The ibis Luton Airport is a ten-minute walk from the London Luton Airport terminal and is also close to Luton Airport Parkway station.