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Eloise Hanson

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Louboutin acquires stake in Experimental Group

🏠 Christian Louboutin has acquired a stake in Experimental Group, joining Jean Moueix and Brookfield Asset Management as shareholders. Alexis Dyèvre is also taking a minority stake. The company plans openings in Val d’Isère, Rome, and Paris next year. Experimental Group owns 10 hotels across Europe and the US, and operates wine bars and cocktail clubs in New York, Paris, London, and other cities. The US expansion began in 2024 with a New York wine bar.
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Former Devonshire Club to join Sir Hotels

📌 London's Devonshire Club, once closed during the pandemic, will rebrand as Sir Devonshire Square and join Sircle Collection's Sir Hotels, which currently operates five locations in Amsterdam, Barcelona, Ibiza, and Berlin. The hotel will offer 81 rooms, 11 suites, three F&B outlets, a gym, and a yoga studio. Sircle Collection, established in 2011, runs 23 properties. Sir Hotels is set to expand to Prague, and Sircle Collection's Sircle Hotels will debut in Milan in 2025.
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Kaya Holding acquires London’s Great Northern Hotel 

🏨 Turkish firm Kaya Holding acquired the Great Northern Hotel in London, a Grade II-listed building with 88 keys and three F&B venues. The acquisition was advised by BlackGate and Fladgate LLP, while Cushman & Wakefield acted for the seller. Formed in 2013 after a £40 million renovation, the hotel changed hands after former owner Jeremy Robson left in 2019, with Kew Green managing since June of that year. Kaya Holding aims to strengthen tourism ties between Turkey and England.
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