Mar Hall Hotel, Golf and Spa Resort in Scotland, which fell into administration earlier this year, has been acquired by Dubai-based Dutco Group, supported by investment and asset management firm Align Partners.
The sale price has not been disclosed, but the new owners have already pledged to undertake a £15 million investment programme to expand and upgrade the property to establish the resort as an international destination that will see it “rival world-class resorts such as Cameron House and Gleneagles”.
The luxury five-star hotel, which is located 10km north of Glasgow, comprises 65 hotel guest rooms and suites, two lodges, an 18-hole golf course, two restaurants, leisure, conference and banqueting facilities. Dating back to 1826, Mar Hall is formed within and around a listed Scottish baronial mansion house that was once home to the Earl of Mar.
Dutco Group and…