Greenalls sells four hotels for pounds 21m

Tuesday 02 September 1997 23:02 BST

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Greenalls sells four hotels for pounds 21m

Greenalls Group has sold four De Vere hotels for pounds 21.1m in cash. The three three-star hotels - Tillington Hall in Stafford, The Abbey in Great Malvern and The Bull in Gerrards Cross - have been bought by Sarova Hotels for pounds 15.2m, while the four-star De Vere Coventry was sold to Britannia Hotels for pounds 5.9m. De Vere now operates 16 hotels.

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Greenalls sells four hotels for pounds 21m

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