Redefine International has completed the purchase of a majority share in BNRI, the owner of the Earls Court Holiday Inn.
The acquisition of 60% of the issued shares in BNRI Earls Court Limited was completed through through the 71% held subsidiary Redefine Hotel Holdings. They bought the shares from Camden Lock and Earls Court LLP for a consideration of £8.7m.
The 150 bedroom Holiday Inn Express Hotel is valued at £27.0 million.