Shepherd and Wedderburn advise on hotel operator sale

Leading UK law firm Shepherd and Wedderburn acted for the shareholders of Chardon Management Limited in the sale of the company to Interstate UK Holdco Limited, an Interstate Hotels and Resorts company, which manages leading brands including Hilton Worldwide, InterContintental Hotel Group and Wyndham Worldwide.

Chardon Management’s portfolio included 32 hotels with 3,414 rooms consisting of Holiday Inn Express and Holiday Inn branded hotels in addition to Hotel Indigo, Best Western, Choice, Ibis styles and independent hotel brands.

The Shepherd and Wedderburn team was led by Corporate Partner Andrew Blain.