Fifty jobs have been saved as KRO Hospitality bought Samlesbury Hotel out of administration in a multi-million-pound deal.
The Manchester-based company will now invest £1.5m in revamping the property, which will be rebranded and relaunched as Mercure Preston Samlesbury Hotel in April.
KRO has chosen Mercure, part of the Accor brand family, as a franchise partner. KRO will operate the hotel.
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