Tuesday March 19th, 2013 - 8:11AM
LONDON–An affiliate of KSL Capital Partners, LLC, has acquired the Malmaison Group, consisting of two U.K.-based hotel brands, for an undisclosed price.
The two brands are Malmaison and Hotel du Vin. Combined, the two represent 27 properties. KSL plans to invest in renovations of both brands as well as undertake an expansion program that will include European markets beyond the U.K. Both Malmaison and Hotel du Vin celebrate their 20th anniversary next year.
Denver-based KSL Capital Partners, LLC, is a private equity firm specializing in travel and leisure businesses. Among the hotels it already owns are the Homestead, Rancho Las Palmas Resort & Spa and La Costa Resort & Spa.