Jobs saved as Ramada Birmingham Hotel in Oldbury sold

An 81-bedroom hotel and conference centre in the Black Country has been bought by a businessman, safeguarding more than 35 jobs.

ramada-oldbury

An 81-bedroom hotel and conference centre in the Black Country has been bought by a businessman, safeguarding more than 35 jobs.

The Ramada Birmingham Hotel in Oldbury had been up for sale since May last year when former owners, Brierley Hill-based Fortmere Group, went into administration. Joint administrators David Bennett and Joe McLean, of Grant Thornton, have not disclosed the sum that the hotel has been sold for to Wolverhampton businessman Gurjit Mahal.

Mr Bennett said: “We are delighted to have sold the Ramada Hotel and Conference Centre, which is well situated for corporate, tourist and event trade. It is particularly pleasing to sell the hotel to a local entrepreneur who will take the business forward into the future.”

The two other Fortmere Group hotels were sold out of administration towards the end of 2011.

The 75-bedroom Ramada Park Hall Hotel in Goldthorn Hill, Wolverhampton, was bought by Ranjit Singh Power and partners, who pledged to spend £1 million on it, in October.

The other hotel, the Ramada Warwick in Kenilworth, was sold in December to Wise Hotel.

The Oldbury hotel, in Wolverhampton Road, has continued to run as a going concern while a buyer was sought. The £20m Ramada opened in June 2008 and also includes a restaurant and four function rooms which are extensively used for conferences, events and weddings.

Mr Mahal owns and manages the Travellers Inn, which is also in Wolverhampton Road. He has extended the former The Lodge bed and breakfast from 30 to 76 bedrooms.