Principal Hayley rescues New Connaught Rooms from administration

London venue to undergo £7m refurbishment

New Connaught Rooms rescued by Principal Hayley
New Connaught Rooms rescued by Principal Hayley

Principal Hayley has rescued the New Connaught Rooms from administration.

The acquisition comes after the London venue's previous owner, The Real Hotel Group, was placed into administration earlier this year.

Principal Hayley plans to carry out a £7m refurbishment of the New Connaught Rooms in July and August, then relaunch the venue in September under the name The Grand Connaught Rooms.

In a separate deal, Principal Hayley has also acquired The Glasgow Central Hotel.    

The hotel and conference venue group plans to completely overhaul the property and add 30 bedrooms. It will reopen in February next year as The Grand Central Hotel.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

State of the Industry Report 2015

C&IT's definitive report on the key trends and challenges facing the UK events industry in 2015 and beyond.

Latest Jobs