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Frasers Hospitality in £363m hotel acquisition

Hotel group MHDV owns two upscale boutique lifestyle brands


FRASERS Hospitality, the hospitality arm of Frasers Centrepoint Limited (FCL), has entered the upscale boutique hotel segment with its latest acquisition of Malmaison Hotel du Vin (MHDV) for £363.4 million (S$760 million) from an affiliate of KSL Capital Partners LLC.