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Blackstone Real Estate acquires Village Hotels
Transactions - JUNE 26, 2024

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Blackstone Real Estate acquires Village Hotels

by Released

Funds managed by Blackstone Real Estate have completed the acquisition of Village Hotels, a hotel owner, operator and developer, from affiliates of KSL Capital Partners.

Village Hotels owns and operates 33 well-located assets in large regional cities and suburban areas across the United Kingdom. Representing 4,400 hotel keys, it operates as an “all under one roof” leisure destination, offering traditional full-service hotel stays, fitness clubs, food and beverage outlets, and co-working spaces. Thanks to its wide range of amenities, Village Hotels has built a broad and loyal customer base, catering to domestic business travelers, tourists, large groups and local visitors.

“We see great potential in lodging and leisure as a sector, especially where we can support strongly positioned businesses that deliver exceptional experiences to their customers,” said James Seppala, head of real estate Europe at Blackstone.

Gary Davis, CEO of Village Hotels, said, “

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