Ufford Park Hotel, Golf & Spa, near Woodbridge, has been sold to LQ Resorts, owned by the Bansal family.
The hotel had previously been run by the Aldous family since its construction in 1992, with departing Managing Director Tarnia Robertson having taken the helm after parents Colin and Shirley stepped away from the day-to-day running in 2015.
The hotel will be renamed Ufford Park Resort as part of the sale.
Tarnia said: “Covid-19 has had a devastating impact on the hospitality industry and Ufford Park Hotel, Golf & Spa is no exception.
“I am proud to have led the team through the pandemic and to have not only survived the last two years but to have bounced back this financial year with a record year of sales.
“I will be very sad to leave after 22 years but am proud of what I have achieved since being made Managing Director seven years ago and know I can take all my experience and self-learnings with me.
“We are confident the new owners share our passion and enthusiasm for Ufford Park and all it represents to our staff and local community.
“We wholeheartedly believe this move will guarantee a long and successful future for Ufford Park.’’
Both Colin and Shirley are now set to enjoy their retirement, safe in the knowledge their beloved business has a bright future ahead.
Colin added: ‘’We are so proud of what we built during our 30 years at Ufford Park – a resort with an enviable reputation.
“Both Shirley and I are now looking to enjoy our retirement and made the decision to pass the business on to a new owner who can continue building on our successes.
“Naturally we are sad to say goodbye, but we are incredibly proud to leave a legacy of such a special place and people that will forever hold an important place in our hearts.”
The hotel joins LQ Resorts’ portfolio, which also includes Lion Quays Resort in Oswestry and Langstone Quays Resort in Portsmouth.
Ufford Park is their first resort with a golf course, with new owner Dr Ash Bansal eager to get started.
Dr Bansal said: “The Bansal family are tremendously proud and delighted that Ufford Park has been added to their portfolio of resorts.
“We feel that Ufford Park represents a perfect fit within our strong group ethos and core values.
“We would like to thank Colin and Shirley for their support throughout the sales process and it is clear we are welcoming a very special place into our family.
“We are excited to build on the exceptional job completed by the Aldous family and plan to invest heavily in developing the product and services across our new resort.”
James Williamson, director of hotels at estate agents Avison Young, added: “We have been delighted to represent the Bansal family in securing the acquisition of Ufford Park.
“Market conditions have been variable through the transaction process, but the good relationship with Colin and Shirley Aldous’s advisors and the strength of the Bansal family and their funders has enabled all parties to achieve the objective of completing the deal.
“Under the Bansal family’s ownership, the resort has a bright future, and we wish Colin and Shirley all the best with their retirement.”
More information on Ufford Park can be found at www.uffordpark.co.uk.
Image: L-R: Colin Jenno, Paula Walker and Ashok Bansal from LQ Resorts with Shirley Aldous, Colin Aldous and Tarnia Robertson from Ufford Park
Photo credits – Prominent PR