Ennismore to Tap Investment Firm Cain to Fuel Delano Hotels Growth
Ennismore, the lifestyle hospitality group, said on Thursday it's in exclusive talks for "a long-term partnership" with Cain, a privately held investment firm, to scale the hotel brand Delano worldwide.
The companies didn't disclose the terms of the proposed deal. French giant Accor has a majority shareholding in Ennismore.
Under the plan, Cain — which h