Crieff Hydro Family of Hotels has managed the Isles of Glencoe Hotel and Ballachulish Hotel since 2014, and has now struck a deal to take over the establishments for an undisclosed seven-figure sum.
With 112 bedrooms between the two hotels, which sit on the banks of Loch Leven, Crieff Hydro plans to embark on a programme of refurbishments this autumn.
Chief executive Stephen Leckie said: “These two hotels complement the existing collection we own. Their family-feel, great locations, access to beautiful scenery and warm homely feeling just make them a perfect fit.
“We have proven so far that with local management and involving people who are passionate about Scotland in the business, they can be a great success. We look forward to seeing these businesses continue to grow.”
The 59-bedroom Isles of Glencoe Hotel was built in the 1990s, while the 53-bedroom Ballachulish Hotel has been running for more than 100 years.
Crieff Hydro Family of Hotels also owns the Hydro and Murraypark in Crieff along with the Hydro and The Park in Peebles.