Hospitality Portfolio Sale

Swedish entrepreneur Lennart Perlhagen has invested £300 million in Firmdale Hotels, acquiring a stake in their portfolio of 11 boutique hotels located in London and New York City. This marks the first time Firmdale Hotels, founded by Tim and Kit Kemp in 1985, has welcomed an external investor. The portfolio includes renowned properties such as the Ham Yard Hotel in London and the Crosby Street Hotel in New York.