Warwick Hotels and Resorts has acquired The Capital Group, consisting of the The Capital Hotel, Capital Apartments and The Levin Hotel, which are all located in London’s elegant Knightsbridge district.
Having built a strong presence in renowned cities such as Paris, New York, Geneva, Dubai, San Francisco and Barcelona, Warwick extends its strategic development into London through this latest acquisition.
The Capital Group consists of 72 total keys. The Capital Hotel, a 49-room, five-star boutique property, is located just steps away from the famed Harrods luxury department store in one of the city’s most upscale areas. The hotel is home to the Michelin-starred restaurant Outlaw’s at The Capital, the only London eatery by acclaimed seafood chef Nathan Outlaw. Its sister property, the Levin Hotel, is a 12-room boutique luxury hotel in a townhouse. Additionally, the group manages studio, one-bedroom and two-bedroom apartments (11 total) also located on Basil Street in Knightsbridge.
“Our group is very pleased with this acquisition as The Capital Group, headed by David Levin, shares the same hospitality philosophy as Warwick,” said Richard Chiu, President of Warwick Hotels and Resorts. “Being a family business ourselves, we are proud to be able to conclude this transaction with the Levin family and to maintain the family spirit that characterizes the two groups.”
With this sentiment in mind, Ms. Kate Levin will retain her position as General Manager of the Capital Hotel and Mr. David Levin will have a consultative role to Warwick. Ms. Levin was named Independent Hotelier of the Year by the Independent Hotel Show Awards in 2016. Warwick, together with the experienced management team at the Capital Hotel Group, plans to make The Capital and its apartments the finest hotel in the Knightsbridge area of London.
The negotiations leading to the acquisition were conducted by Vasu Majumdar of Grant Thornton for the Levin family, and Ulla Schneider, Eric Soukiassian and Frederic Pasquer for Warwick.