The Coaching Inn Group has acquired its third site if the year, to take it to a 12-strong estate.
The Three Swans in Hungerford, is the latest part of a £20m expansion plan and the group said it was on track to reach its goal of 15 sites by the end of the year.
Chief executive Kevin Charity, said: “Since announcing our acquisition plan, we’ve purchased six properties across the UK and we aim to acquire another three by the end of our financial year. The Three Swans encompasses all the attributes we are looking for in future properties; busy market town locations and businesses that will draw in locals and visitors from further afield alike.
“The next six months will see significant investment in the property, including refurbishing the accommodation areas and developing the food and beverage offering and experience, through the introduction of our Eatery and Coffee House brand. This will include a new outside area and a focus on trading right through the day from coffees in the morning to cocktails in the evening, which has been key to our success elsewhere.”