1834 Hotels secures management of Elanor Investors accommodation portfolio
International news
“We are pleased to appoint 1834 Hotels, whose expertise and scale will ensure our hotels continue to operate at the high standards our investors and guests expect,” said Elanor Investors Group Managing Director, Tony Fehon.
“As previously announced, we are conducting an orderly divestment process for all of the hotel assets within the Elanor Hotel Accommodation Fund.
“1834’s robust management capabilities will allow us to continue to drive asset performance to maximise the return to the Fund’s securityholders.”
Several experienced Elanor team members will join 1834 Hotels to ensure a seamless management process for each hotel.
“We are proud to be entrusted with the custodianship of some of Australia’s most iconic hotel assets within the Elanor portfolio,” said 1834 Hotels CEO, Andrew Bullock.