Hotel Corporation director finds room for shares

published 3 November 2010

Barclay Douglas, a director at the Hotel Corporation, an investment company set up to invest in four star hotels, has upped his stake in the company.

He bought 50,000 shares at 60p a time, paying a total of £30,000.

Following the purchase he has just over 220,000 shares, or 0.44% of the company.

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The company's sole investment to date is a 49.92% stake in Puma Hotels which owns the Barcelo chain, operating in provincial cities across the UK.

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