Folio Hotels – the 18-strong group of managed provincial hotels which went into administration last December – has been split between a newly formed hotel group, Akkeron Hotels and the Vineyard Group.
Eight properties have been sold to Akkeron Hotels, while seven have had their management contracts taken back in-house by The Vineyard Group – whose parent company, Sonoma, also owns The Vineyard at Stockcross and Donnington Valley hotel in Berkshire.
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