UK property group Ability acquires Bristol hotel from China’s CIMC Capital

UK property group Ability Group has bought Hampton by Hilton hotel at Bristol Airport from CIMC Capital.

Announcing the deal, CBRE said it has advised CIMC on the sale of the 201-bedroom asset for over £24m (€26.3m).

CBRE sais there is the opportunity to expand the hotel to include an additional 50 rooms.

Anuraag Badola, CBRE director of hotel investment properties, said: “This asset is a well-presented, modern hotel that benefits from both its association with Hilton Worldwide and its prime strategic location as the only hotel in Bristol Airport, an important transport hub for the city of Bristol and the South West region.”