Henderson Park acquires Amaris, launches hotels arm
Henderson Park has acquired the business and hotel management platform of Amaris Hospitality from LRC Group and simultaneously launched a new hotel and asset management platform, Klarent Hospitality.
The acquisition follows Henderson Park’s recent acquisition of a 2,424 key portfolio of 12 high-quality Hilton-branded hotels, managed by Amaris Hospitality.
Klarent Hospitality will be led by the existing Amaris management team under Peter Stack and John Brennan, respectively, the current chief executive and chairman.
All Amaris Hospitality employees will transfer to Klarent Hospitality in their current roles so that the launch of Klarent Hospitality will have no impact on the employees, suppliers, or guests of the 30 hotels in the Klarent Hospitality portfolio, Henderson Park said in a statement.
Henderson Park’s hotels now number 9,300 in four countries
Henderson Park has made a number of significant acquisitions in the hospitality sector and its portfolio now comprises about 9,300 rooms across the UK, Greece, France, Ireland and Spain.
John Brennan and Peter Stack led the creation of Amaris Hospitality in 2015, consolidating nearly 100 hotels in the UK and Ireland. After a £100 million capital expenditure programme the Jurys Inn hotel group was sold to Pandox in 2017 and LRC acquired the Amaris Hospitality business and its remaining hotel assets in 2018.
The Amaris Hospitality name and brand does not form part of Henderson Park’s acquisition and remains in the ownership of LRC Group.
“The acquisition of the Amaris business allows us to launch at scale our own dedicated hotel operating platform, Klarent Hospitality,” Henderson Park founding partner Nick Weber said.
“This new business will be integral to helping us drive further value for our investors from our hospitality assets.”