A Glasgow city centre hotel has been sold in a multi-million-pound deal.

The sale has been completed by Glasgow-based private equity house Maven Capital Partners , which did not disclose the identity of the buyer but described the purchaser as an “international hotel group” with “deep sector expertise”.

The 101-bedroom ibis Styles Glasgow Centre George Square , on Miller Street, was developed by Maven clients in 2014. It opened in September 2015.

It has been sold for a total consideration of around £7.5 million, and the hotel will continue to operate under the ibis Styles brand, part of Accor.

Maven said: “The purchaser is a well-established international hotel owner with a portfolio of branded properties across Europe and North America, including assets in Paris, London, Ams

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