Travers Smith LLP has advised Exclusive Hotels and Venues on its acquisition of the Castle Inn Hotel in Castle Coombe in Wiltshire. The Hotel is located close to the Manor House Hotel, a larger 48-bedroom hotel also owned by the group. The acquisition adds to the group’s existing portfolio of four five star hotels, two country house venues, a golf club and meeting venues.
Following completion of the purchase, Managing Director Danny Pecorelli commented:
"This is the first time we have instructed Travers Smith for our legal work and we found them invaluable in guiding us through the various commercial and legal complexities associated with acquiring a business of the nature of The Castle Inn. The TS team showed real strength-in-depth across the various legal issues affecting the business and as well as being responsive, professional and commercially savvy throughout, they were also thoroughly nice people to work with. We very much look forward to working together on our future ventures."