Finnish hospitality company Sunborn International has signed an agreement with global Pennant Park Investment Corporation.
The new agreement concerns Sunborn’s yacht hotel in London and is the first part of a planned financial structure to enable the company to invest in further new developments.
Based in Turku, Finland, Sunborn International launched two new yacht hotels in London and Gibraltar in 2014. The company’s concept is based on exclusive yacht hotels, which are entirely moveable and adaptable to their environment. Sunborn is now developing new yacht hotels in destinations soon to be revealed.
“We are thrilled to have secured Pennant Park as our new financing partner. We now have the structure in place to operate the next phase of our development, which will be hugely beneficial for the Sunborn brand and secure its position amongst global developers in the hospitality sector,” says Hans Niemi, Executive Director of Sunborn International.
Article first published in Good News from Finland.