• Malmaison in play

KSL Capital Partners has started the sales process for the Malmaison and Hotel du Vin hotel chains. The investor is requesting best bids in the first week of February, reports Sky News.

The two brands trade from close to 30 sites around the UK, and were bought by KSL in 2012 for GBP200m. The sale will only proceed should bids reach an acceptable level.

Read the full story here:

http://news.sky.com/story/1407086/malmaison-owner-begins-checkout-from-hotels

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