M&T add iconic Cambridge hotel to management division12th April 2013
Michels & Taylor have today announced the addition of University Arms Hotel, Cambridge, to its growing hotel management division. The 119 bed hotel was recently purchased by funds advised by Melford Capital from the De Vere hotel group at the end of last year. The hotel is located right in the centre of the city, overlooking the famous Parkers Piece. The M&T managed hotel division is led by Peter Hales, previously Operations Director of IHG London. The University Arms is an exciting addition to the M&T portfolio, and follows the recent signing of the Crowne Plaza Five Lakes Hotel, Essex, owned by AB Hotels.