Starboard Hotels acquires Holiday Inn Express Leeds

5 May 2016

Starboard Hotels has acquired the 130-bed Holiday Inn Express Leeds Armouries from private investor Stellar Leeds Ltd, who had owned the hotel since 2013.

The hotel was purpose built in 2006 and has been acquired on a long leasehold basis. Christie & Co handled the sale process off an £8M guide price.

Starboard will operate the hotel under a franchise agreement with IHG and plans to refurbish the hotel bedrooms to the new Generation 4 standard.

The acquisition takes Starboard's owned and operated UK portfolio to 10 hotels, which includes three Holiday Inn Express and five Ibis branded properties. The company also owns hotels operated under the Best Western and Days Inn brands.