Inn Collection Group to double portfolio with OakNorth backing

Seaton Lane Inn Collection Group

North East hotel chain The Inn Collection Group has unveiled plans to more than double the size of its UK portfolio having received a £10m loan from alternative lender OakNorth.

The group, set up in 2006, has built up a portfolio of £20m leisure-focused hotel schemes across nine sites in Northumberland, County Durham and Teesside. It plans to use the funding from OakNorth, and backing from private equity firm Alchemy Partners increase its portfolio from 271 rooms to almost 900 across 21 sites by 2022.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue