Birmingham entrepreneur Sir Peter Rigby is spreading his wings again - this time in the upmarket hotel sector.
Aviation enthusiast Sir Peter, the multi-millionaire founder and head of Birmingham technology giant SCC, has broadened his portfolio of some of the country's finest establishments with the private acquisition of Kings Hotel in Chipping Campden, Gloucestershire.
It now sits alongside Mallory Court Hotel in Warwickshire and Buckland Tout-Saints in Devon in Sir Peter's embryonic hotels group, which could soon be given its own branding, although a firm marketing strategy has yet to be finalised.
Kings Hotel, which boasts award winning food and 12 en-suite bedrooms, is nestled in the centre of Chipping Campden, described as "one of the most beautiful towns in the Cotswolds".
The 18th century building is said to have been beautifully preserved, with careful and sympathetic renovation.
"Kings is a perfect hotel to add to this expanding portfolio of Mallory and Buckland in a number of ways, we have been looking for sometime but wanted to ensure we selected a property that would compliment," said Mark Chambers, director and general manager.
"All three have their own unique characteristics.
"Mallory is the classic country house hotel and is renowned as one of England's finest, is a member of Relais and Chateaux and holds a coveted Michelin Star in the main restaurant. Buckland Tout-Saints has the understated elegance of a country estate house, set in acres of private gardens in the heart of the South Hams area in Devon."
Buckland Tout-Saints, originally an elegant William & Mary manor house, is described as a "secluded luxury location" a short drive away from the international sailing centre of Salcombe.
Meanwhile, Mallory Court, which has 30 bedrooms, was awarded Best Small Hotel of the Year 2007-2008 by Visit Britain Excellence in Tourism. It was originally acquired by Sir Peter in 1995.
Both Mallory Court and Buckland have seen a vast amount of investment over the last few years.
Mr Chambers said that following the deal the intention was to "build on the excellent reputation Kings has built over the past years and the core values looking after guests and staff".
He added that the kitchens would be under the guidance of experienced executive chef Simon Haigh, who has retained a Michelin Star at Mallory Court for the past six years.
Sir Peter, chairman and chief executive of SCC, which now employs around 7,000 people, has also been very active in the aviation sector.
Earlier this year his firm Patriot Aviation clinched a deal which effectively gave it control over the sale of popular Cessna light aircraft in the UK and Northern Ireland.
Patriot acquired Oxfordshire-based CSE Aircraft Sales for an undisclosed sum.
As part of the deal CSE relocated to Patriot's headquarters at Cranfield in Buckinghamshire. Patriot, which was acquired by Sir Peter in 2002, also holds the Bell Helicopter distribution rights for the UK and Northern Ireland.