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The Business Magazine July 2024
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Corus Hotels sells The Regency Hotel, Solihull for undisclosed sum

The Business Magazine article image for: Corus Hotels sells The Regency Hotel, Solihull for undisclosed sum
13 May 2022
Corus Hotels has sold The Regency Hotel in Solihull, to Midlands based Westbourne Leisure Limited for an undisclosed sum.
Westbourne Leisure currently owns a number of hotel and hospitality venues in the West Midlands.
 
The freehold property benefits from 111-bedrooms, a large on-site car parking, bar, lounge, restaurant, seven meeting rooms, as well as a Leisure Club with fitness centre, indoor swimming pool, steam room, sauna, plunge pool and Jacuzzi.
 
Located on the A34 Stratford Road near the motorway network, approximately a 10-minute drive from Birmingham International Airport and National Exhibition Centre, the largest exhibition facility in the UK.
 
Khurram Mohmad, Chief Executive at Corus Hotels said: “We are pleased to have come to a deal with Westbourne Leisure Limited by working with JLL hotels and hospitality consultancy. We are grateful and very proud of The Regency Hotel team for all their supporting during this time and for their hard work and dedication over the last few years.”
 
Gavin Wright, Senior Director (Hotels and Hospitality) at JLL, said: “We are delighted to have handled this off-market transaction on behalf of Corus Hotels. This is an excellent acquisition for Midlands based Westbourne Leisure Limited who currently own and operate a number of other hotels and hospitality venues in the local area.” 
 

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Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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