Principal Hayley, Hotel Portfolio

The outline structure to refinance the Principal Hayley portfolio was scribbled down whilst walking past the George Hotel. Two years later, a restructure of the business, working with the operator, combining ground lease creation and debt to de-gear the operational cost to the business concluded in December 2011.

The George Hotel, (InterContinental Edinburgh The George) The Hotel Russell (Kimpton Fitzroy London) The Met Hotel Leeds, The Royal York (Principal York/The Milner York) The Palace (Kimpton Clocktower Hotel Manchester) and Selsdon Park have all benefited in the intervening years from combining core valuation principles and innovative funding models to corporate financing.