July 23, 2024

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Pride of the Travel

Glenmorangie Company snaps up Islay Hotel | Article

Glenmorangie Company snaps up Islay Hotel | Article

The Islay Resort on Scotland’s ‘Whisky Coast’ has been acquired by area distiller Ardbeg, which is operated by The Glenmorangie Enterprise, a subsidiary of the LVMH team for an undisclosed sum.

Situated at the coronary heart of the island community in Port Ellen, The Islay Lodge overlooks the bay, harbour, marina and two sandy beaches, whilst also giving uncomplicated entry to the island’s common ‘Whisky Trail’.

From the resort, guests can stroll to a number of well-known distilleries along the monitor, this sort of as Laphroaig and Lagavulin, or Ardbeg.

The hotel underwent an “extensive” rebuild before its opening 11 decades ago, and now options a lot of eco-conscious elements these as large insulation and a geo-thermal heating system in the course of its independently created en-suite bedrooms and general public locations, which includes a restaurant and whisky bar.

Former operator, Roland Worthington-Eyre, who made the resort, sought the sale in purchase to retire.

He explained: “The aspiration was to rebuild the Islay Resort which had been closed for 20 yrs and I am genuinely content that was reached. Nevertheless, now it’s time for me to retire.

“I would like to thank all those who were concerned in rebuilding, financing and jogging the lodge due to the fact it reopened in 2011, without having whose perseverance and loyalty it would not be the productive lodge it is these days. I am delighted that LVMH want to just take the Islay Lodge on the up coming stage of its journey and we all desire them the really finest of luck.”

Gary Witham, Hotels director at Christie & Co who taken care of the sale, additional: “This was a scarce option to acquire an island hotel constructed to modern-day, high quality expectations, with sustainability at the forefront. The fantastic eyesight of the initial builders has translated properly for the Glenmorangie Enterprise, demonstrating the island’s place as a key Scottish vacationer place, and it is fantastic that a nearby enterprise operated by the group will be using the resort forward.

“Additionally, the cost accomplished for the house shows the power of consumer appetite for high-quality motels in the Scottish Highlands and island, as well as the advantage of a nicely-structured income method.”