Spa brand giant announces takeover of luxury Peak District hotel
The move has been hailed as a ‘huge boost to tourism in the borough’
Champneys has announced the addition of a seventh UK spa, the landmark Buxton Crescent, to its portfolio.
This acquisition is made in partnership with global alternative investment fund manager Cheyne Capital.
Buxton Crescent is a five-star, 81-bedroom hotel, features include thermal pool, rooftop pool, restored Victorian baths, saunas and steam rooms.
Adjacent to the Crescent, the Old Hall Hotel is a 36-bedroom, three-star property reputed to be one of England’s oldest hotels.
Together, the two hotels are at the heart of Buxton, a historic spa town on the edge of the Peak District, benefitting from strong leisure and corporate demand as well as a multi-award-winning reputation.
Welcoming the news, High Peak Borough Council Leader, Councillor Anthony McKeown, said: “It is excellent news to hear that the future of the iconic Crescent and Old Hall hotels is secure, joining the well-known Champneys portfolio.
“This news, alongside the recent National Lottery grant to the Crescent Heritage Trust, will be a huge boost to tourism in the borough and supports our work with partners to develop Buxton town centre alongside Capital & Centric in a `once in a generation` scheme and further promotes our work towards the regeneration of the Buxton Opera House. This is truly great news for the town.”
Alan Whiteley, CEO of Champneys said: “Our 100th year is a celebration of wellness innovation, and Buxton Crescent perfectly aligns with our vision.
“We are thrilled to combine our expertise with this historic spa, blending centuries-old heritage with modern luxury and care.
“Our aim is to create a sanctuary where guests can truly focus on their health, recharge their energy and be inspired.”
Champneys said it is proud to be working alongside Cheyne Capital on this landmark project.
“Together, the partnership ensures the future of Buxton Crescent as both a world-class wellness destination and a lasting symbol of Britain’s spa heritage.
Theo Hajoglou, Director, Cheyne Capital, added: “We are delighted to extend our successful relationship with Champneys through this latest acquisition.
“Buxton Crescent is a property of exceptional heritage and quality that has been enhanced by its recent major restoration, and it will no doubt be a valuable addition to Champneys’ world-class spa hotel portfolio.”
Alan Whiteley, CEO of Champneys, added: “We look forward to continuing the good work since Buxton Crescent reopened — protecting jobs, partnering locally and investing in Old Hall so both properties, and the town, continue to thrive.”
Champneys say it will ensure continuity for colleagues at Buxton Crescent, welcoming the existing team into the Group.
Founded in 1925, Champneys is also a heritage brand celebrating 100 years, shaping the modern spa industry, bringing health, beauty and fitness together under one roof.