Buxton’s landmark Palace Hotel is under new ownership after being acquired by privately-owned UK chain Britannia Hotels Ltd.
The Grade II listed, four-star hotel, on Station Road, was put up for sale by The Hotel Collection in November, with a price tag of £7 million. Details of the sale are yet to be disclosed.
At the time, the company said all 97 staff members’ existing terms and conditions would transfer with the hotel to the new owner, however this is yet to be confirmed by the new owners.
A post on The Hotel Collection’s website reads: “The Palace Hotel in Buxton is no longer part of The Hotel Collection and is now owned by Britannia Hotels Ltd.”
The 122-bedroom hotel is now listed on the Britannia Hotels website under a page headed ‘Our Latest Acquisitions’, which says: “The new Britannia Hotels offer stylish accommodation and affordable prices; introducing The Basingstoke Country Hotel and The Palace Hotel Buxton.
“Ideally located across both the north and south of England, our new woodland hotels are surrounded by tranquil gardens and beautiful scenery, providing an excellent base for guests wishing to explore.”
Founded in 1976, Cheshire-based Britannia Hotels Ltd manages a portfolio of nearly 50 hotels across the UK. Among its more high-profile hotels are the Adelphi in Liverpool and The Britannia in Manchester.
The company also owns the Pontin’s holiday camp chain.