Singaporean shipping entrepreneur Tim Hartnoll, and hotel advisor Grace Leo have acquired the 35-room Red Lion Hotel in Henley, 60 kilometres west of central London, from MG Hotels. Bought off a guide price of £7.5 million (£214,000 per room), the historic hotel is currently closed and is set to undergo extensive renovation. The new owners plan to add 5 rooms to the existing hotel, and aim to re-open the property as the Relais Henley in June 2021 ahead of the Henley Royal Regatta.
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