THE OWNER of the Loch Fyne Hotel and Spa in Inveraray is set to be sold to a Thai group for an undisclosed sum.
Crerar Hotels Group Ltd, which runs 12 sites in Scotland and one in Yorkshire, has agreed the sale of its entire portfolio of hotels to the FICO Castle Ltd, a UK subsidiary of Bangkok-headquartered FICO Corporation.
The other hotels included in the sale are Ben Wyvis Hotel, Strathpeffer; Chevin Country Park Hotel and Spa, Otley; the Craiglynne Hotel, Grantown-on-Spey; the Deeside Inn, Ballater; Eight Acres Hotel and Leisure, Elgin; Glencoe Inn and Gathering, Glencoe; Golf View Hotel and Spa, Nairn; GoGlasgow Urban Hotel, Glasgow; Isle of Mull Hotel and Spa, Craignure; Oban Bay Hotel and Spa, Oban; Scotland’s Hotel, Pitlochry; and Thainstone House, Inverurie.