The owner of Devon’s five-star Boringdon Hall Hotel has acquired a Cornish spa and golf resort for an undisclosed sum. Family-run Philema Hospitality Management has taken over the Budock Vean Hotel in Falmouth in a move it described as a “significant milestone”.

The group’s portfolio also includes the four-star adult-only Fistral Beach Hotel and Spa and the family friendly Esplanade Hotel, overlooking surfing beach Fistral in Newquay.

Budock Vean is based on the banks of the Helford River, with facilities including a golf course, spa, and award-winning restaurant.

Philema said it would “preserve the hotel’s legacy” following the deal, while “enhancing” the guest experience.

“We are thrilled to welcome Budock Vean to the Philema family,” said Laura Cameron, managing director of Philema Hospitality Management. Budock Vean is a truly unique property with a deep-rooted history in Cornwall’s hospitality landscape. We look forward to honouring its legacy while bringing new innovations that will elevate its charm and appeal for today’s discerning travellers.

“Our vision is to create unforgettable guest experiences that celebrate Cornwall’s heritage and natural beauty, and Budock Vean aligns perfectly with this mission.”

Philema made the acquisition through its agent, property firm Knight Frank.