MALMAISON and Hotel du Vin owner Marylebone Warwick Balfour is looking to raise ”100m to expand its distinctively different UK regional chain to 25 properties by 2007. MWB took full control of Malmaison in September 2002 and paid ”63.5m cash to add the Hotel du Vin chain to its portfolio last October. It currently owns eight Malmaisons, with two more scheduled to open in Oxford in October and in Liverpool next year, while an MWB building in Reading will also be converted to a Malmaison, subject to planning permission. Hotel du Vin has seven properties, with an eighth development under consideration in Cambridge and is also seeking further sites in Chester, Durham, Edinburgh and St Andrews.
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