Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Armani linked with Berkeley bid

01 December 2008 by
Armani linked with Berkeley bid

Fashion designer Giorgio Armani has reportedly been rebuffed by the owner of the Berkeley after making a multi-million pound offer for the London hotel.

The Italian designer - who is launching Armani Hotels & Resorts with a hotel in Dubai early next year - is reported to have bid to take over the five-star Knightsbridge establishment during talks with investment firm Quinlan Private

But Quinlan, which also owns Jurys Inns and a number of independent hotels, is believed to have said that any bid would have to cover all of the Maybourne Group (Claridge's, the Connaught and the Berkeley).

A source was quoted in weekend reports saying: "No one knows Armani has been looking at moving into hotels but he is set on owning one in London.

"He was prepared to part with a lot of cash for the Berkeley but Quinlan told him he would have to buy all three hotels."

The exact offer made by Armani is unknown, although he is alleged to have put aside a $3.8b (£2.5b) budget for the hotel.

Jurys Inns to appoint a new chief executive by mid-March 2009>>
Quinlan Private buys Jurys Inn chain in £791m deal>>

Maybourne Group plans major international expansion plan>>

Giorgio Armani at centre of hotel legal battle>>
Giorgio Armani adds glamour to property development>>

By Daniel Thomas

E-mail your comments to Daniel Thomas here.

Caterersearch.com jobs
Looking for a new job? Find your next hotel job here with Caterersearch.com jobs

The Caterer Blog](http://www.caterersearch.com/blogs/catering-news-blog/) Catch up with more news and gossip on the Caterer Blog here
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
TagsHotels
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking