Daish's Holidays acquires two seafront hotels in Weymouth

07 January 2014 by
Daish's Holidays acquires two seafront hotels in Weymouth

Two seafront hotels in Weymouth have been bought out of administration off a guide price of £4.5m by Daish's Holidays.

The 102-bedroom Russell hotel and the 66-bedroom Price Regent hotel were previously owned by Hollybush Hotels, which traded as Martyn Leisure Breaks. Administrators Zolfo Cooper were appointed in October 2013 to the two hotels, along to sister hotels (the Sherborne in Sherborne, Dorset, and Harrisons hotel in Shepperton, Middlesex) and the Sands Bay leisure Resort in Weston-super-Mare, Somerset.

The two Weymouth hotels will join a portfolio of seaside properties owned by Daish's Holidays which include the Claremont, Eastbourne; Sands hotel, Bournemouth; Barrowfield hotel, Newquay; Daish's hotel, Shanklin, Isle of Wight; and Devonshire hotel, Torquay.

George Brown, director of Daish's Holidays' director, told the Dorset Echo: "This is a very exciting time for our company.

"The acquisition of these two properties is central to our plan to continue the steady growth that enables us to remain competitive and successful.

"Weymouth is a fantastic destination which I know our customers will really enjoy."

Daish's Holidays was founded in 1979 with the acquisition of its first hotel in Shanklin. As well as expand its number of hotels, it has also gone on to launch a coach division enabling it to provide package holidays across the south coast of England.

Hollybush Hotels falls into administration >>

World's first sand hotel opens in Weymouth >>

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking