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The Business Magazine July 2024
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Brighton seafront hotel sells for up to £60m

The Business Magazine article image for: Brighton seafront hotel sells for up to £60m
The Grand Hotel, Brighton. Image: iStock
22 February 2023
The Grand Hotel, Brighton. Image: iStock

A hotel on the Brighton seafront has sold for an estimated £60 million to Leonardo hotel chain owner Fattal.

The Grand hotel is being sold by Fortnum and Mason and Associated British Foods owners the Weston family.

Originally opening in 1864, the seven-storey hotel was bombed by the Provisional Irish Republican Army in 1984 when it was hosting the Conservative Party conference with the aim of assassinating then Prime Minister Margaret Thatcher. She survived, and returned two years later to reopen the restored hotel.

Read more - Former Ordnance Survey base hotel plan in Southampton looks set for green light

It was then bought in the early 1990s by the De Vere Group, which went on to carry out a multi-million-pound revamp before selling it for around £50 million in 2014 by the Weston family-controlled Wittington Investments.

The Times reports that specialist consultancy JLL Hotels brokered the sale of the Grand for between £55 to £60 million.

Read more - A2K Leisure buys Albion Hotel, advised by Moore Barlow


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Sam is the Regional Editor of Biz News, responsible for both Hampshire and Dorset.

A new recruit to journalism, Sam started writing for the Business Magazine as a freelancer in May of 2022 after completing his degree in English at University College London. His passion for local businesses and ability to tell a story soon caught the attention of the publication’s management team and have led to his meteoric rise.

Sam, who lives in central Reading, takes a particular interest in technology, gaming and food and drink, having been a chef before starting his degree.

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