United Kingdom
United States
Asia Pacific
Blackstone in talks to buy Village Hotels
Village Hotels could soon have a new owner.
Private equity giant Blackstone is in exclusive discussions to buy the company.
Sky News reports Blackstone has a period of exclusivity to negotiate a deal.
Village Hotels was put up for sale earlier this year.
It has a valuation of about £850 million.
The hotel chain’s portfolio includes more than 30 UK locations.
It is currently owned by private equity firm KSL Capital Partners, which paid De Vere Group £485 million for the business a decade ago.
Related News Stories:
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
Florida’s Tourism Boom: Dana Young Analyzes Surge in UK Visitors
Elliott Ferguson’s Vision: Elevating Washington DC’s Global Appeal
Empowering Travel Agents and Tour Operators: A Conversation with Go Nexus Group President
Expedia TAAP incorporates AI for their 100,000 registered agents
Travefy CEO & Founder Talks About Their Itinerary Management For Travel Professionals
Ship crew member arrested after stabbing attack
Two dead, others missing after River Danube boat collision
Disney gets green light for a fifth Florida theme park
American, Australian tourists shot dead in Mexico
How virtual cards are shaping the future of hotel payments