Young’s has acquired two sites from Galleon Hotels for £11.6m.
The group has acquired 51-room The Bridge in Chertsey and The Park in Teddington, which has 43 rooms. The latter also incorporates the The Park Cafe, Restaurant & Bar.
Martin Rogers, head of UK transactions at Savills Hotels, which represented Galleon in the deal, said: “We are pleased to have secured new owners for these two well-located south east hotels. Both are in close proximity to numerous tourist attractions and are ideally located for travel into central London. The south east hotel market continues to perform well as investors are attracted by the well-located assets and high levels of demand for rooms from tourists.”