DENVER—British De Vere Group has sold Village Urban Resort to Denver-based KSL Capital Partners, LLC.

KSL, which also has an office in London, is a US private equity firm investing in travel and leisure businesses. The deal is expected to further Village's position as a leading hotel and lifestyle company within the UK. The group currently includes 25 properties and three under development. KSL plans to growing the business by both reinvigorating the existing portfolio and expanding into new markets. Three new Village locations are scheduled to open shortly in Aberdeen, Glasgow and Edinburgh.

Village is known for providing an array of amenities for business and leisure travelers, its members and the community, from hotel accommodations and health and fitness centers to business services, dining options and meeting and event space.

“Village occupies a unique position in the UK market because of all it has to offer consumers,” said Coley Brenan, a principal at KSL. “With a very strong following and thousands of loyal members, we believe Village has tremendous potential for future growth. We are very pleased to add Village to KSL's portfolio of investments in the UK.”

Gary Davis, who previously served as CEO of Malmaison and Hotel du Vin, will serve as CEO of Village. Davis previously oversaw the expansion of Village from 2007 to 2011 and the global expansion programs at Hard Rock Café and Planet Hollywood.