KSL Capital Partners Acquires The Pig Hotels
Main Photo: The Pig on the Beach in Dorset
Date: March 2022
Name: The Pig Hotels
Locations: Mainly South West England, UK
Number of Keys: Eight hotels – Currently around 200 rooms
Seller: Jim Ratcliffe, billionaire owner of 50% of The Pig Hotels, whose day job is running Ineos petrochemicals group
Buyer: KSL have acquired the 50% stake, keeping the partnership with Robin Hutson, whose founded Pig Hotels
Private equity firm KSL Capital Partners has acquired the parent company of The Pig Hotels, a collection of rural properties on England’s south coast, in partnership with its co-founder, Robin Hutson.
Hutson will continue as chairman and will retain a stake in The Pig. Tom Ross, previously group operations director, has taken on the role of managing director.
Founded in 2011, The Pig Hotels has eight properties located in the countryside throughout southern England. Guests are served homegrown food in a relaxed setting. What cannot be grown on site is primarily sourced from within 25 miles of each hotel.
“The team at The Pig has created something truly unique and exceptional: hotels set in the English countryside which are dedicated to providing genuine hospitality and are at the forefront of environmental responsibility. We look forward to being part of this journey and supporting the management team,” said KSL Capital Partners partner Tina Yu.
With KSL’s backing, The Pig will seek to add more hotels throughout the U.K.
Price: Undisclosed
THPT Comment: Hasn’t he done well! Robin, who cut his teeth at the then rather stuffy Chewton Glen, one of England’s first five-star “country-house” hotels, initially branched our with colleague sommelier, Gerard Basset to start the Hotel du Vin chain in 1994, sold to….. KSL, who sold Hotel du Vin, alongside the Malmaison chain to Singapore’s Frasers Hospitality in 2015 for £363m. HDV and Malmaison were pioneers in the “un-stuffy” but upmarket boutique hotel market, before Robin left to set up The Pig Group in 2008 or so
First Seen: Travel Weekly
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market. For more information – Visit www.thpt.co.uk or email [email protected]
