Leading luxury boutique operator Eden Hotel Collection has announced the acquisition of the 64-bedroom BoveyCastle estate in the heart of Dartmoor National Park.
Eden Hotel Collection is a privately-owned group of luxury hotels across the Midlands, the Cotswolds and the South West. It has bought the award-winning BoveyCastle for an undisclosed sum and is planning a major investment in the country house estate, which today includes an 18-hole championship golf course, spa, country lodges and an outdoor pursuits centre.
The deal follows hard on the heels of an announcement in April of the company’s £13.5m planned investment in the 35-bedroom Tides Reach Hotel in Salcombe, South Devon. The site will be redeveloped to create a 50-bedroom luxury beachfront hotel and spa.
Commenting on the BoveyCastle deal, Eden Hotel Collection’s Managing Director Mark Chambers said he was thrilled by the opportunity to restore the hotel to its former glory and to re-establish it as the principle resort in the South West. Around £2m will be spent on renovation and improvements.
“Restoring this iconic hotel and its estate is an exciting project for our team. This famous property has a national and international reputation for excellence and we are very much looking forward to cementing its place as the jewel in the crown of the leisure industry in the South West.”
A core value of Eden Hotel Collection is to integrate into the community, building links with local businesses, suppliers and people and the group is keen to make a positive impact on the local economy in Devon and the surrounding area.
Eden Hotel Collection is part of The Rigby Group plc. Diversifying from a SDG, wholesale technology business, Rigby Group has evolved into a £1.8bn portfolio business which compromises technology, airports, hotels, real estate, finance and aviation. It is one of the largest family-owned businesses in the UK and was named Family Business of the Year in 2013.