Village Hotels owner 'eyes £800m sale' of the business

19 February 2024 by
Village Hotels owner 'eyes £800m sale' of the business

The private equity owner of Village Hotels has reportedly begun an £800m auction to sell-off the group.

The Times reports advisers to KSL Capital partners, which bought the mid-market chain for £485m in 2014, have shared "teaser" documents with interested parties.

Colorado-based KSL acquired the business when it traded under the Village Urban Resort brand as part of a break-up of the De Vere group.

The chain has since grown from 25 to 33 hotels across the UK, with more than 4,000 rooms.

Village Hotels was founded in 1995 and its properties feature pub-style restaurants, gyms, and co-working spaces.

Last year, the group entered a three-year partnership with the Professional Darts Corporation to feature its branding at events and run competitions for event tickets and other prizes.

KSL is an experienced hospitality investor and owned the Hotel du Vin group and Malmaison before it sold the pair to Frasers Hospitality for £363m in 2015.

The private equity firm acquired the parent company of the Pig Hotels in partnership with the group's co-founder Robin Hutson in 2022.

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 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.


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