Tristan Capital Partners’ EPISO 5 Fund has acquired the first property of its new hotel investment strategy in Manchester, England.
The 261-key, four-star hotel is located in Deansgate - one of the city’s oldest city centre thoroughfares. The asset opened in May 2021 following a three-year conversion from an office building. It is complemented by a state-of-the-art gym, which is currently occupied by Trib3, and has a contemporary F&B offering.
As part of the Fund’s business plan, the hotel will be rebranded to YOTEL, a fast expanding lifestyle brand with 18 hotels in operation across Europe, Asia and North America and significant global expansion plans. The hotel will be operated by Hamilton Hotel Partners.
Source: tristancap.com on the 18th October