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Press Information - December 2005
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1.12.05Pearl Hotel buys Gatwick Worth Hotel
Zahir and Hanif Somani, founders of Pearl Hotels Holdings, have bought the Best Western Gatwick Worth hotel for an undisclosed sum. The asking price was £8.25m.
The 118-bedroom property is set in six acres of land in Crabbet Park, Crawley, and runs a regular minibus service to the airport.
Facilities include an a la carte restaurant that will seat 30 diners, a bar and lounge, conference facilities for more than 900 people, and an on-site Cannons health club.
Pearl Hotels also owns the Ramada Encore in Swansea (which developer BDL sold to Pearl on the day it opened) and has a new-build hotel in Slough in the pipeline.
FORUM acted for the seller and Pacific Property Company for the buyer.
Source: CatererSearch
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