Celtic Manor Resort exchanges contracts to acquire Hilton Newport
Story published at 9:29, Thursday, January 21st, 2016
The Celtic Manor Resort is pleased to announce the exchanging of contracts to acquire a 148 guest room property which is currently trading as Hilton Newport. The acquisition will add to Celtic Manor’s portfolio of guest residences which include the main Resort Hotel, the Manor House, the Newbridge on Usk, and 10 luxury Hunter Lodges.
The new owner plans to continue running its latest acquisition as a hotel, under a new name yet to be confirmed, once the contracts are completed at 1.00pm on 31st March 2016. It will become Celtic Manor’s second acquisition outside of its 2,000-acre estate following the Newbridge on Usk in 2010.
The new addition has 148 guest rooms and nine meeting rooms while also providing many amenities including a fitness room, swimming pool, spa bath, bar, lounge and restaurant. All hotel team members will be retained when Celtic Manor takes over the property.
Ian Edwards, Chief Executive of the Celtic Manor Resort, said: “We are extremely pleased to be exchanging contracts to acquire Hilton Newport and look forward to working with the experienced team there as the hotel transitions to our ownership and management. We are always looking to expand and build upon our successful business at the Celtic Manor Resort whilst continuing to help support the local community and economy.
“Occupancy at the Celtic Manor Resort is currently running at 90 per cent and there are many nights when we could easily exceed our capacity of 400 bedrooms. The additional bedrooms at the newly-acquired hotel will help address our need for more accommodation across all our markets – conference and business, golf and leisure.
“The property is in a wonderful position very close to Celtic Manor and enjoying the same immediate access from the M4 motorway. I am sure it will prove very popular with guests staying at the Celtic Manor Resort.”
Host venue for the 2014 NATO Summit and the 2010 Ryder Cup, the five-star Celtic Manor Resort provides a complete experience for business and leisure travellers with its three championship golf courses, two exceptional spas, award-winning convention centre and an abundance of family activities.
A choice of seven restaurants includes the fine-dining Terry M, the newly opened Steak on Six and the Newbridge on Usk, a separate country inn with six bedrooms. In 2014, the Resort opened 10 new Hunter Lodges to offer a luxurious self-catering option to guests.
For four years running from 2011 to 2014, the Resort was voted the UK’s Best Hotel at the Meetings and Incentive Travel Awards. It was also named Europe’s Best Hotel at the 2015 World Golf Awards.
Celtic Manor www.celtic-manor.com