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CMS advises LRG Holdings on disposal of 19 Holiday Inn hotels

04/09/2014

CMS in London has acted for LRG Holdings Ltd in the disposal of 19 Holiday Inn hotels to Kew Green Holdings Ltd.

The CMS team was led by Louise Wallace (a partner in the Hotels group) and Senior Associate Toni Brown, with assistance from Graeme Miller, Grace Ho and Helen Cooke in Corporate. Sally Badham (a partner in the CMS Bristol Real Estate team) worked alongside Simon Masri and Laura Gowing of Dentons on the property aspects. Macfarlanes advised Kew Green on the transaction.

Commenting on the transaction, Louise said: “We are delighted to have acted for LRG in connection with this important disposal. This year, M&A activity in the UK hotel sector has increased by 65% and this is one of a number of high profile transactions we have advised on."

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Portrait ofLouise Wallace
Louise Wallace
Partner
London