Blantyre Capital

Fonab Castle (credit: Deloitte Debt & Capital Advisory) Scottish hotel group Crerar Hotels has successfully secured a refinancing package of approximately £40 million from HSBC UK.

Blantyre Capital and partner Fairtree Hotel Investments have aquired Scotland's Crerar Hotel Group for an undisclosed sum. Crerar's portfolio of hotels, consisting of seven four- and five-star hotels, will form a key part of the new owners’ plans to build a luxury UK hotel portfolio.