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RAD Hotel Group has expanded its Scottish portfolio with the acquisition of the five-star Lochgreen House Hotel and Spa in Troon for an undisclosed sum.
The acquisition marks the company’s first move into the luxury five-star hotel market and brings the independently owned, family-run group’s portfolio to 10 hotels across Scotland.
RAD Hotel Group has acquired the property from hotelier Bill Costley, who developed Lochgreen into one of Scotland’s “best-known” country house hotels and wedding venues. The group said it plans to preserve the hotel’s heritage while building on its reputation as a luxury destination.
Originally built as a private mansion in the early 19th century, Lochgreen House Hotel and Spa has become renowned for its spa facilities, accommodation and award-winning weddings, attracting both domestic and international visitors to Ayrshire’s golfing coastline, including nearby Royal Troon.
The hotel will continue to operate as normal following the acquisition, with all existing bookings, deposits and gift vouchers remaining valid. RAD Hotel Group has also retained all hotel employees to ensure continuity of service for guests.
The deal follows the group’s recent acquisition of the nine-bedroom Seamill House Hotel in West Kilbride and forms part of its wider strategy to expand its portfolio of historic hospitality properties across Scotland.
Aaron Kyle, director at RAD Hotel Group, said: “As one Ayrshire family-owned business succeeds another, we are incredibly proud to welcome Lochgreen House Hotel into the RAD Hotel Group collection. More than two years in the making, this marks the beginning of an exciting new chapter for one of Scotland’s most treasured hospitality destinations.
“Bill Costley has created something truly special at Lochgreen and, as he steps into a well-deserved retirement, our priority is to protect and build upon the remarkable legacy he leaves behind.”
RAD Hotel Group has expanded its Scottish portfolio with the acquisition of the five-star Lochgreen House Hotel and Spa in Troon for an undisclosed sum.
The acquisition marks the company’s first move into the luxury five-star hotel market and brings the independently owned, family-run group’s portfolio to 10 hotels across Scotland.
RAD Hotel Group has acquired the property from hotelier Bill Costley, who developed Lochgreen into one of Scotland’s “best-known” country house hotels and wedding venues. The group said it plans to preserve the hotel’s heritage while building on its reputation as a luxury destination.
Originally built as a private mansion in the early 19th century, Lochgreen House Hotel and Spa has become renowned for its spa facilities, accommodation and award-winning weddings, attracting both domestic and international visitors to Ayrshire’s golfing coastline, including nearby Royal Troon.
The hotel will continue to operate as normal following the acquisition, with all existing bookings, deposits and gift vouchers remaining valid. RAD Hotel Group has also retained all hotel employees to ensure continuity of service for guests.
The deal follows the group’s recent acquisition of the nine-bedroom Seamill House Hotel in West Kilbride and forms part of its wider strategy to expand its portfolio of historic hospitality properties across Scotland.
Aaron Kyle, director at RAD Hotel Group, said: “As one Ayrshire family-owned business succeeds another, we are incredibly proud to welcome Lochgreen House Hotel into the RAD Hotel Group collection. More than two years in the making, this marks the beginning of an exciting new chapter for one of Scotland’s most treasured hospitality destinations.
“Bill Costley has created something truly special at Lochgreen and, as he steps into a well-deserved retirement, our priority is to protect and build upon the remarkable legacy he leaves behind.”
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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