Macfarlanes has advised on the sale of the Kew Green Hotels group, the owner and operator of over 50 hotels and the largest Holiday Inn franchisee in Europe, to HK CTS Metropark Hotels Co Ltd, a Chinese travel and leisure group.

The Macfarlanes team included Alex Edmondson and Ian Martin, corporate partners, Jat Bains, a finance partner, Charles Horsfield, a real estate partner and James McCredie, a tax partner.

Alex Edmondson comments: “This is the culmination of several years of work on Kew Green, which began when Goldman Sachs and TPG Special Situation Partners took control of the group in 2013 and has seen us advise in relation to a series of complex restructurings, several hotel portfolio acquisitions and, ultimately, a highly successful exit process.”