Village Hotels owner in talks with Blackstone over £850m sale

Village Hotels owner KSL Capital Partners is reportedly in talks with private equity group Blackstone over a £850m sale of the business.

The mid-market group of 33 hotels in the UK, with more than 4,000 rooms, was acquired by KSL for £485m in 2014.

According to Sky News Blackstone is keen on taking on the group, with KSL in exclusive talks with the investment firm.

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.

In 2022 KSL acquired the parent company of the Pig Hotels in partnership with the group’s co-founder Robin Hutson.