Cain International to Acquire Minority Stake in Ennismore’s Delano Brand to Drive Expansion

Ennismore | April 13, 2023

NEW YORK, April 13, 2023 -- Ennismore - the fastest-growing lifestyle hospitality company and joint venture with Accor, which holds a majority shareholding - today announces it has entered into exclusive negotiations to build a long-term partnership with Cain International ("Cain") – the privately held investment firm – to drive forward the global expansion of the iconic hotel brand Delano. The partnership will see Cain acquire a minority stake in the Delano brand, collaborate with Ennismore to support Delano's global growth ambitions and deliver its current expansion pipeline, including Seoul, Istanbul, and Cartagena, with seve...