A historic Newquay hotel has been sold, which has safeguarded its foreseeable future.

The Atlantic Hotel in Dane Road has been purchased by The Cornwall Hotel Collection, which already owns The Falmouth and The Greenbank in Falmouth, and The Alverton in Truro.

Future plans for The Atlantic will centre on a “phased” and “thoughtful” restoration programme to protect the building’s “historic character” while “elevating guest experience” and “ensuring the hotel thrives for decades to come.”

The landmark Atlantic Hotel was listed for sale in early 2023 after 37 years of family ownership. The hotel was listed with Knight Frank for offers in excess of £8,500,000

The 57-bedroom four-star Victorian hotel built by Silvanus Trevail first opened in 1892 during the height of the Victorian railway boom, when seaside tourism flourished.

The hotel quickly became one of Cornwall’s most prestigious coastal retreats and was made famous after appearing in the Beatles Magical Mystery Tour film.

The 9.5acre site incorporates 15 residential apartments in a separate building, owner accommodation and leisure and spa facilities.

Ben Young, the managing director of The Cornwall Hotel Collection, said: “We are absolutely thrilled to welcome The Atlantic Hotel into The Cornwall Hotel Collection family.

“Newquay is a place of extraordinary natural beauty. The light, the coastline, the energy of the town and The Atlantic sits at the very heart of it all.

“As Cornish hoteliers, we feel a deep responsibility to care for the county’s historic landmarks.

“These hotels are part of Cornwall’s story. Our aim is always to honour their heritage while securing their future.

“The progress we’re seeing at The Falmouth demonstrates what can be achieved with patience, respect and long-term vision, and we’re excited to bring that same careful restoration to The Atlantic.

“Just as importantly, we are committed to keeping the hotel’s feet firmly planted in local interests working with local suppliers, supporting local jobs, and ensuring the hotel continues to be a place the community feels proud of.

“This is not just about growth; it’s about stewardship. We’re looking forward to becoming part of Newquay’s community and to beginning this next chapter for such an iconic hotel.

“The Atlantic Hotel will continue to operate as normal during this transition. Guests can expect the same warm welcome, with enhancements introduced gradually and sympathetically.

“Now with four distinctive hotels spanning Cornwall’s south and north coasts, The Cornwall Hotel Collection continues to build a portfolio defined not by scale alone, but by character, heritage and a genuine sense of place.

“The Cornwall Hotel Collection remains proudly independent and locally owned, with deep roots in the county.

“The addition of The Atlantic represents not just expansion, but a continuation of the group’s mission to champion Cornwall’s historic hotels, support local employment, and work closely with the communities that surround them.”

The Atlantic Hotel is one of five historic hotels remain standing in Newquay but there are plans to knockdown the Hotel Bristol to make way for a redevelopment.