KSL Capital Partners Announces the Sale of Malmaison and Hotel du Vin Hospitality Chains
LONDON. June 22, 2015 - KSL Capital Partners, LLC (KSL), a leading private equity firm, announces that an affiliate of KSL completed the sale of the Malmaison and Hotel du Vin hospitality chains to an affiliate of Frasers Hospitality UK Holdings Limited.
Malmaison and Hotel du Vin will join Frasers Hospitality's three award-winning serviced residence offerings - the Gold-Standard Fraser Suites, Fraser Place and Fraser Residence - as well as Modena by Fraser, a modern lifestyle brand targeted at young executives constantly on the go, and Capri by Fraser, a design-led hotel residence aimed at the millennial business traveller.
"We are grateful to have been a part of Malmaison and Hotel du Vin," said Coley Brenan, a principal of KSL. "Each property is physically unique, but each share the common traits of exceptional service and wonderful food and beverage offerings. Thanks to the tireless efforts of the employees of Malmaison and Hotel du Vin, we have no doubt they will continue to be two of the preeminent hotel brands in the UK."
Each founded in 1994, Malmaison and Hotel du Vin are a unique collection of premier boutique hotels located throughout the UK. Malmaison is known for its cutting edge designs in historic buildings, and consists of 13 boutique hotels throughout the UK that "dare to be different." Luxurious and quintessentially British, Hotel du Vin consists of 16 boutique lifestyle hotels throughout the UK with a concentration in cathedral and university towns. KSL invested significantly in each brand over the past several years, renovating existing properties and expanding into new locations.
About KSL Capital Partners
KSL is a private equity firm specializing in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate and travel services. KSL has offices in London; Denver, Colo.; and Stamford, Conn. Since 2006, KSL has completed more than 30 investments in the travel and leisure industry, with an aggregate transaction value in excess of five billion U.S. dollars. KSL's current portfolio includes some of the premier properties in travel and leisure. In the United States, KSL owns a majority interest in the Miraval Group, the owner and operator of luxury spa and wellness properties, and the St. Regis Monarch Beach in Dana Point, Calif. KSL also owns premier recreation businesses, including Squaw Valley and Alpine Meadows, two of the leading ski resorts in North America, and is the largest shareholder of ClubCorp, one of the world's largest owners of private golf and business clubs. In the United Kingdom, KSL owns The Belfry in the West Midlands and the Village Urban Resorts chain. For more information, please visit www.kslcapital.com.
About Frasers Hospitality
Frasers Hospitality, the hospitality arm of Frasers Centrepoint Limited, is a global hospitality operator with Gold-Standard serviced and hotel residences across Europe, North Asia, Southeast Asia, Middle East and Australia. Frasers Hospitality commits to "anticipates and exceeds the evolving needs of executive travellers through continuous innovation", and providing its customers with the space, family and community away from home. Conceived with the lifestyle preferences of today's discerning extended stay executive travellers in mind, Frasers Hospitality has three branded Gold-Standard serviced residences offerings - Fraser Suites, Fraser Place and Fraser Residence, a second-tier brand, Modena by Fraser, and a design-led hotel residence brand, Capri by Fraser. For more information on Frasers Hospitality, please visit www.frasershospitality.com.
Contact:
Julie Messing-Paea
i.d.e.a.
[email protected]
619-295-8232 x108
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