NEWHAVEN HOTELS OFFLOADS KEY ASSET TO LAUNDYS
The publicly listed Newhaven Hotels has divested another pub from its portfolio, selling the Bateau Bay Hotel to Laundy Hotels for $11 million. Speaking to PubTIC, Newhaven chairman Fred Kelly said the timing was right. “The directors of Newhaven believe it is in the interest of all our shareholders to sell at this time and […]