The Banbury House Hotel on Oxford Road has been sold for a price in the region of £2.6 million.
The Best Western-branded hotel, which has 64 bedrooms was sold by Peter Brunt Hotels Director at Colliers International.
Mr Brunt commented on the sale saying: “Many businesses are attracted to the town because of its position close to the M40 but also from weekend and leisure trade. Banbury is an attractive and interesting destination in its own right but also serves as a wonderful base to tour the surrounding countryside including the north eastern Cotswolds.”
No details about the buyer have yet been revealed.