According to Zhito Finance APP, KKR (KKR.US) and Baupost Group have established a joint venture to acquire 33 Marriott International hotels in the united kingdom from ADIA. KKR's platform for the european hotel industry, Amante Capital, will serve as the managing partner of the joint venture. The joint venture's asset portfolio includes 6,500 rooms across Marriott and its Delta hotel brand, spread across major cities such as London, Edinburgh, Glasgow, Leeds, and Liverpool. These hotels offer amenities for business and leisure guests, including meeting spaces and entertainment facilities.

Mai-Lan de Marcilly, Managing Director of KKR and Head of France Trade and Hotels, stated, "Through Amante Capital, we have the ability to become a large-scale acquirer and operator of upscale hotels in europe. This is our second investment with Marriott International in europe, expanding our global relationships and making us the largest owner of Marriott International's upscale hotels in europe, the middle east, and africa."