St Austell Brewery has acquired two hotels in Devon, as it continues its strategy of diversifying its portfolio.

Dartmouth’s Royal Castel Hotel and The Royal Seven Stars, in Totnes, will be managed as part of the independent Brewery’s 182-strong estate, based in the South West.

Meanwhile the company is preparing to open a further two managed sites which were acquired last year, The Rock Point Inn in Lyme Regis and the Harbour Light restaurant in Paignton.

Former owners Nigel and Anne Way sold the sites to focus on their two Somerset venues, the Porlock Weir and Luttrell Arms.

Kevin Georgel, who recently succeeded James Staughton as CEO, said: “Both hotels fit perfectly with our existing portfolio - family-friendly venues, in popular locations, with unrivalled views and quality bedrooms. The acquisition of these two iconic sites supports our plans to strengthen and grow our estate across the south west region.

“I am delighted that the work and investment undertaken over the last six months to increase the size and quality of our managed business is now coming to fruition. We look forward to continuing to develop and invest in our thriving estate and seek out further sites that may fit within both our managed and tenanted businesses.”

The new sites will be overseen by Steve Worrall, managing director of St Austell Brewery’s pubs inn and hotels business, and remain open for business.

In 2019, St Austell acquired six new pubs - five new tenancies and one new managed house.