A group of investors led by Quinlan Private has completed its £750m acquisition of the Savoy Group from the Blackstone Group and Colony Capital.
The deal had been announced last month.
Quinlan Private is an international property investment and advisory group, headed by former Revenue inspector Derek Quinlan. Its recent deals include the purchase of the Four Seasons hotels in Milan, Budapest and Prague.
The Savoy Group is a super-luxury hotel group with 772 bedrooms. It comprises four of London's leading super luxury hotels, the Berkeley, Claridge's, the Connaught and the Savoy. It also owns over 50% of the super luxury hotel rooms in the city.
