Who Owns The Midland Hotel Manchester?
Who owns the Midland Hotel Manchester? This iconic property, known for its grandeur and historic significance, is owned by Pandox AB, a Stockholm-based hotel property investor. The operational management of the hotel is undertaken by Fattal Hotels Group, operating under its Leonardo Hotels brand.
The History Behind The Ownership
The Midland Hotel Manchester, a landmark property in the heart of the city, changed hands in 2018 when Pandox AB acquired it for approximately £115 million. This acquisition marked a significant investment by the company, emphasizing its strategic interest in owning premier hotel properties across Europe. Pandox acquired The Midland and continues to hold the freehold ownership of the building.
Operational Management by Fattal Hotels Group
While the building is owned by Pandox, the operations are leased to and managed by Fattal Hotels Group. This group is responsible for the day-to-day management and strategic operations under a long-term lease agreement. Operating the hotel as part of its Leonardo Hotels brand, Fattal Hotels Group is tasked with enhancing guest experiences and maintaining the hotel’s prestigious stature.
Strategic Partnership and Renovations
The relationship between Pandox AB and Fattal Hotels Group extends beyond mere ownership and management; it includes a strategic partnership focused on continuous investment in the property. The partnership has seen a significant joint investment aimed at refurbishing and upgrading the hotel to meet modern standards while preserving its historic charm. This focus on improvement is evident in the refined elegance of the hotel’s current offerings.
The Midland’s Current Identity
Although the Midland Hotel Manchester is now managed under the branding of Leonardo Royal Hotel Manchester, it cherishes its historic “Midland Hotel” name, which is synonymous with luxury and heritage. This dual identity ensures the hotel retains its legacy while appealing to contemporary travellers.
In conclusion, the Midland Hotel Manchester’s ownership and management structure reflects a synergy between maintaining heritage and embracing modern hospitality trends. With Pandox AB’s ownership ensuring structural integrity and Fattal Hotels Group’s management enhancing guest experiences, the Midland Hotel continues to be a significant landmark in Manchester’s hospitality landscape.
Leave a Reply