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Von Essen acquires five star hotel in Reading

1st October 2009, 4:17pm

The von Essen Group has saved the five-star Forbury Hotel in Reading from administration.

In addition, von Essen has also purchased the 16 self contained apartments and penthouse adjacent to the hotel.

The von Essen hotels private collection now numbers 29 hotels and at the beginning of 2010, will see the opening of the second hotel in the Metropolitan set, Hotel Verta in London, bringing the total hotel count to 30.

Andrew Davis, chairman of von Essen said: "We are delighted to have acquired The Forbury Hotel, the inaugural member of our Metropolitan set. A key strategic objective for the collection is to acquire properties in the UK's principal cities – The Forbury is a fitting first hotel in this set and a valuable addition to the von Essen portfolio."


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