International group acquires the Henson Hotel in Blackpool

Henson HotelTHE PM Group of Hotels Limited, a consortium with a portfolio spanning the UK, India, the Caribbean and North Africa, has bought the Henson Hotel in South Shore, Blackpool.

With expertise in property management, accommodation services, revenue management and online distribution, the PM Group of Hotels was formed with the mission of delivering high quality accommodation to the independent hotel sector.

The acquisition of the Henson Hotel, which was owned by David and Susan Jones for 11 years, marks the group’s first site in Blackpool.

PM Group director Tim Teo said: “We are delighted to open our portfolio in Blackpool starting with the Henson Hotel. The Henson is a landmark for us.

“We currently have 400 hotels under revenue management but we have plans to add many more properties under the direct management model which we believe will give our portfolio a better balance.

“Blackpool is an amazing destination which still has huge potential for hoteliers with a modern approach.

We bring a 21st Century outlook combined with traditional values and look forward to being part of the local business community in Blackpool.  The business will run as usual, with no break in service.”

Leisure property specialist Fleurets brokered the deal, for which the Henson Hotel’s freehold was marketed off a guide price of £599,000.

Lesley Watmough of Fleurets added: “This 45 bedroom hotel has proved extremely popular throughout the country, not just in the local market. Blackpool has seen major investment in recent years which seems to have added to the resorts popularity.” @copy NewspaperTimes - All rights reserved