Malmaison and Hotel du Vin change hands
Singapore-based Fraser Hospitality has completed the purchase of Malmaison and Hotel du Vin for £363 million.
The boutique hotel groups, known as MHDV, were previously owned by an affiliate of KSL Capital Partners.
Fraser Hospitality hopes MHDV, which has 29 properties in 25 cities, will help it expand in the UK, Europe and Asia.
The addition brings Frasers Hospitality’s portfolio to 129 properties across 77 cities.
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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