KSL Capital Partners, LLC Acquires Village Urban Resorts from De Vere Group
November 26, 2014 8:34am
With 25 existing properties and three new properties under development, the transaction will further Village’s position as a leading hotel and lifestyle company within the UK. KSL is committed to growing the business by both reinvigorating the existing portfolio and expanding into new markets. Three new Village locations are scheduled to open shortly in Aberdeen, Glasgow and Edinburgh.
Village is known for providing an array of amenities for business and leisure travelers, its members and the community, from hotel accommodations and health and fitness centers to business services, dining options and meeting and event space.
“Village occupies a unique position in the UK market because of all it has to offer consumers,” said Coley Brenan, a principal at KSL. “With a very strong following and thousands of loyal members, we believe Village has tremendous potential for future growth. We are very pleased to add Village to KSL’s portfolio of investments in the UK.”
Gary Davis, who previously served as CEO of Malmaison and Hotel du Vin, will serve as CEO of Village. Davis previously oversaw the expansion of Village from 2007 to 2011 and the global expansion programs at Hard Rock Café and Planet Hollywood.
For more information, please visit www.village-hotels.co.uk.
Tags: de vere group,
ksl capital partners,
village urban resorts
Contact: Julie Messing-Paea, i.d.e.a.
KSL Capital Partners and Davidson Hotels & Resorts Acquire Florida's 349-Room Margaritaville Hollywood Beach Resort for $190 Million
Newly Formed Resort Company Completes Acquisition of Deer Valley Resort
Affiliates of KSL Capital Partners and Henry Crown and Company Complete Transactions to Combine Three Major Resort Companies
Davidson Hotels & Resorts Adds Hotel Viking in Newport, Rhode Island to its Pivot Hotels & Resorts Portfolio
Intrawest Resorts Holdings, Inc. to Be Acquired by Affiliates of Aspen Skiing Company and KSL Capital Partners
Hyatt Acquires Wellness Leader Miraval Group for $215 Million
Strategic Hotels & Resorts Acquires Remaining Interest in JW Marriott Essex House Hotel New York
KSL Capital Partners Announces the Sale of Malmaison and Hotel du Vin Hospitality Chains
KSL Capital Partners, Revolution Places Join Forces to Expand Miraval Resort & Spa to New Locations
KSL Capital Partners Acquires the 400-key St. Regis Monarch Beach in Dana Point, California
Omni Hotels & Resorts Acquires Scottsdale, AZ's Montelucia Resort & Spa from KSL Capital Partners
Please login or register to post a comment.