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Acquisitions

The Stromness Hotel

The Stromness Hotel Under New Ownership

The Stromness Hotel has finally changed hands, following a lengthy period of conveyancing. As one of the most iconic buildings on the Orkney archipelago, we are proud to welcome this property of historic significance to our growing portfolio of hotels. Since 1901, The Stromness Hotel has been more than a landmark building, it’s a festival …

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UK Staycation Investment

UK Staycation Investment Completed

UK Staycation Investment properties are set to experience a boom as soon as lockdown restrictions are eased. There was already great anticipation building up throughout the last year for the amount of interest that UK holiday destinations would see once leisure travel was allowed to recommence. These expectations now seem set to be exceeded following …

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Seafront Hotel in Skegness next to Beach

Skegness Seafront Beach Hotel Acquired

The Grand Hotel – a seafront beach hotel in Skegness, North Lincolnshire, was purchased by Paymán Investments earlier today. Given the expected rise in staycations once restrictions are lifted, we expect to have a very strong summer season and hope for year-around trading stability. About The Grand Hotel The Grand Hotel is an impressively modernised …

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