The famous Hard Days Night Hotel in Liverpool, UK, has been acquired by Millennium & Copthorne Hotels for £13.8m (AED 79.6 million).
The ungrammatically-named, Beatles-inspired hotel is near the Cavern Club, the famous venue where the British band rose to fame, having performed there over 290 times.
Hard Days Night Hotel, established in 2008, has 110 guest rooms and suites and is Millennium Hotels and Resorts’ 24th property in Europe. The lease is with Liverpool City Council and is for 113 years.
Kwek Leng Beng, Chairman of Millennium & Copthorne’s Board of Directors, said: “This unique acquisition, which will be supported by Millennium & Copthorne’s existing management infrastructure, further expands the Group’s hotel portfolio to one of the leading leisure and business destinations in the UK. The city is undergoing an economic regeneration and we are proud to be a part of that.”
CEO of Millennium Hotels and Resorts, Aloysius Lee said: "Liverpool is a leading tourist destination that continues to attract hundreds of thousands of visitors annually on a mass global scale.
"Hard Days Night Hotel offers a Beatles experience like no-other and we are confident that our guests, particularly from countries including China, USA, Canada and Europe, will be excited by the choice of this latest acquisition. Furthermore, the 'Fab Four' and Liverpool are very popular to both the North American and Asian markets.
"We are thrilled to welcome Hard Days Night Hotel and more than 150 team members into the MHR global family."
General Manager of Hard Days Night Hotel Mike Dewey added: "Hard Days Night Hotel is a first class hotel that continues to exceed guests' expectations and we look forward to widening our global reputation by maximizing the distribution channels effectively run by MHR and taking the property to the next level."
Hard Days Night Hotel is a four star, Beatles-inspired set in a Grade II listed building and features exclusive artwork by world-renowned Beatles artists such as Klaus Voorman and Sir Peter Blake, and is home to Blakes restaurant and the exclusive Bar Four.