Metropark takes control of UK's Kew Green Hotels
By Wang Wen | China Daily | Updated: 2015-08-13 08:15
Kew Green Hotels Ltd, the United Kingdom-based hotel management company, has been acquired by Chinese hotel company HK CTS Metropark Hotels Company Ltd for an undisclosed price.
HK CTS Metropark, a subsidiary of Hong Kong-based China National Travel Service (HK) Group Corporation, said on Tuesday that it purchased all the issued shares of Kew Green Hotels Ltd from Goldman Sachs and TPG Special Situations Partners, which had owned the UK group since 2013.
Kew Green owns 44 UK hotels with 5,179 rooms and manages 10 hotels for other owners in the UK, including the Crown Plaza at the Liverpool Airport, the Courtyard in London's Gatwick Airport and the five-star Grand Hotel in Brighton.
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