News is aware that Capital Partners owns Village Hotels, and Aermont, a firm that specializes in real estate-backed investments, made an offer for the property last week.
According to sources close to the company, it was looking for bids of at least £850 million.
It’s also believed that a number of other firms submitted offers before the deadline last week.
Insiders claim that Blackstone, the massive private equity firm, is thinking about making an offer but hasn’t done so yet.
Morgan Stanley bankers are running the auction.
It happens months after plans to sell Center Parcs UK were shelved and before a proposed sale of Travelodge could close a deal.