Virgin focuses on luxury resorts with sale of UKproperties

Virgin focuses on luxury resorts with sale of UKproperties

VIRGIN Hotels Group is poised to sell off its seven hotels in the UK as part of a restructure that will see the group turn its attention to luxury international resorts.

It has also terminated management contracts with 21 UK hotels, which it will now only manage for another year. The group will focus on Necker Island, Palazzo Sasso in Italy, La Residencia in Majorca and UlaSaba game reserve in South Africa.

The company is selling Norton House Hotel in Edinburgh, Crathorne Hall Hotel in North Yorkshire, Sussex properties Rhinefield House Hotel and Buxted Park Country House Hotel, Cwrtbleddyn Hotel and Coed-Y-Mwstur Hotel in south Wales and Seiont Manor Hotel in north Wales.

Virgin have found one buyer for the properties but had not released the name at the time of going to press.

The company's director of sales and marketing Andrew Silver has resigned as a result of the restructure. "My role over the past few months has changed, with the company now focusing on a smaller number of hotels rather than developing a larger collection of UK hotels," he said.

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