The FINANCIAL — Hotel Verta – one of the former Von Essen properties – has been sold and its management taken over by the Hong Kong-based Rhombus International Hotels Group.
The 70-bedroom hotel on London's South Bank in Battersea, which opened in September 2010 after being developed at a cost of about £50m, has been renamed Hotel Verta by Rhombus.
It was one of four hotels – alongside the Forbury in Reading, Llangoed Hall in Powys and Hunstrete House near Bath – which did not form part of the administration of Von Essen following the collapse of the company with debts of nearly £300m, in April.
However, it went into administration in its own right at the end of July, when Ernst & Young was appointed to run the hotel with the help of BDL Hotels.
The hotel was bought off a guide price of £20m by a private investor on Friday when general manager Andrew Thomason left the hotel. The position of general manager has now been made redundant. A hotel manager will report direct to Rhombus' corporate office in Hong Kong.Rhombus currently manages four hotels in Hong Kong, with a flagship hotel opening in China in early 2012.