WARWICK BUYS ITS FIRST LONDON HOTELS

Warwick Hotels and Resorts has purchased two hotels in London, UK, from the Capital Group for an undisclosed sum, marking the US-based group’s first hotel investment in the city. The newest additions to Warwick’s portfolio are the 49-room Capital and the neighbouring 12-room Levin hotel; the deal also included the London Bakery business (also part of the Capital Group). David Levin founded the Capital in 1970, and his daughter, Kate Levin, will continue to be general manager of the hotel.

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