Lord Weymouth intends to expand the Wombat youth hostels chain beyond its Austrian and German heartland, including in Britain.
The heir to the Longleat estate and safari park in Wiltshire wants to bring the operation to London and he is looking for a suitable location. He is talking to banks about financing. The Sunday Times says funding will vary depending on whether he opts for freehold or leasehold.
17/07/11 Sunday Times (Business) 3
