Gahn Capital acquires Chic Retreats out of administration
Hospitality technology investor Gahn Capital has acquired Chic Retreats out of administration.
The company maintains chicretreats.com website, which offers independent luxury hotel experiences around the world, and entered administration earlier this year following funding issues.
Gahn Capital has acquired the Chic Retreats assets, technology and customer contracts and will continue to operate it as Chic Retreats following the appointment of new chief executive and stakeholder Georgia Panteli with "the core team" remaining in place, including the company's founder Lulu Townsend.
The brand joins the Gahn Capital's portfolio, which includes hospitality event business Hotec and GuestMaster International reservation software, both now trading as Acomos.
Booking platform Chic Lifestyle enters administration after funding issues >>