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Choice Hotels International And Akkeron Hotels Group Limited Announce UK Agreement

© 2013 Choice Hotels International, Inc. All rights reserved.

About Akkeron Hotels Group Limited Akkeron Hotels Group Limited is a growing UK focused mid-market and regional hotel business comprising 3* and 4* hotels. The Company intends to build a portfolio of up to 150 regional hotels and it is expected that Akkeron's interests in these will comprise a blend of freehold ownerships, leases and management contracts. Akkeron Hotels' portfolio consists of 34 hotels, employing 1,630 people, with a combined turnover of c£62m making it one of the largest regional hotel operators in the UK. Akkeron Group was formed in 2008 by James Brent, previously Global Head of Real Estate & Lodging Investment Banking at Citigroup, with a focus on real estate-based operational businesses.Akkeron's key areas of activity include:
  • Management-intensive real estate portfolios e.g. hotels 
  • Urban regeneration focused on the South and South West of the UK 
  • Large-scale agriculture in emerging markets

Akkeron pursues a partnership approach to its investment programme, leveraging its skills across real estate, development, financing and corporate finance.

SOURCE Choice Hotels International, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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