... The previous owner of the 2 properties, Town House, is controlled by Peter Taylor who is also known as one of the most eccentric hoteliers in the UK. He opened Blythswood Square hotel in Glasgow last year and decided to focus on it. This caused the deal with Palm Holdings.
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... Bank of Scotland has reported setting up the control of 42 hotels in the UK, all branded by Marriott. This has become possible after the bank couldn’t restructure the £700 million debt with the previous owner of the portfolio – Quinlan Private and Derek Real Estate. ... Read complete news