Crazy Bear announce buy out
The Crazy Bear collection of boutique hotels has announced the successful buy out of the business, concluding through securing long-term capital to fuel the group’s growth plans.
Richard Booth, Executive Director of the Crazy Bear, commented: “It’s been a privilege to lead this process, and we’re excited about the opportunities a stable ownership structure and new funding unlocks for our business, our team, and our valued guests. We’re thrilled to be going into the new year with this process concluded, and we can now continue to make important strides towards our overall vision for the Crazy Bear.”
The group is embarking on an exciting new chapter, with plans to refurbish its rooms and introduce two exceptional dining experiences. In early 2025, the Stadhampton location will welcome OAK, a new British fine dining restaurant celebrating local and seasonal ingredients. Additionally, in spring 2025, the Beaconsfield hotel will introduce BEAR by Carlo Scotto, a chef’s table experience offering a tasting menu focused on foraged ingredients and seasonal vegetables. Scotto, known for his tenure at London’s Amethyst and Xier, returns to the UK restaurant scene to launch and oversee BEAR’s innovative and intimate dining concept.