The Falmouth Hotel is under new ownership after being acquired by The Cornwall Hotel Collection, owners of The Greenbank in Falmouth and The Alverton in Truro.

The Falmouth Hotel was put on the market earlier this year by owner Richardson Hotels with a guide price of £7.5 million.

“We are honoured to welcome The Falmouth Hotel into The Cornwall Hotel Collection family,” said chairman Roger French.

“Our roots in Cornwall go back generations, and we understand the responsibility that comes with stewarding such iconic establishments. The Falmouth Hotel holds a special place in the hearts of many, and we are committed to ensuring its legacy endures for generations to come.”

Heading up the purchase is Ben Young, MD of The Cornwall Hotel Collection. He added: “Falmouth deserves its eponymous hotel to shine brightly as a beacon of pride for the town.

“This is more than just a business deal for us. The Cornwall Hotel Collection has many personal ties and anecdotal links to The Falmouth Hotel. My family were on the board of directors for the original company, right up until the hotel was acquired by the Richardson Group in 2005, and the foundation stone was laid in 1865 by the brother of the first owner of our hotel in Truro.

“We are focused on preserving and improving the hotel for the benefit of the town, the employees, and all stakeholders involved.”