Frasers Hospitality acquires four boutique hotels in the UK

Singapore

BARELY six months since its acquisition of a hotel chain in the UK, Frasers Hospitality is extending its footprint in the country by snapping up another portfolio of four boutique hotels.

The hospitality arm of Singapore-listed Frasers Centrepoint Limited (FCL) said on Wednesday that it has acquired the four hotels through its newly formed subsidiary, Malmaison and Hotel du Vin Property Holdings Limited, from Swire Properties Hotels Holdings for £36.1 million (S$76.3 million).

Frasers Hospitality acquired hotel group Malmaison Hotel du Vin (MHDV) in June for £363.4 million, giving it immediate access to a stable of 29 upscale lifestyle boutique hotels under the brands Malmaison and Ho…