Via the BBC:
Trevor Vels, general manager of Hard Days Night Hotel in Liverpool, paid £3,100 on Friday for the 1964 recording.
On it, Lennon tells 18-year-old Hull art student John Hill he does not think The Beatles are "very good musicians".
Mr Vels said the owners "desperately wanted" the tape and are looking at how best to share it with guests.
"We will be making real use of it," he said. "We currently play Beatles music so it may be, depending on the sound quality, that we play the interview through our sound system."
Mr Vels said because they now own the copyright they are considering gifting copies of the interview to guests.