Gravity Capital Acquires Indirect Stake in Grand Metropolitan Hotels Holding

Gravity Capital Hong Kong acquired Kingstone Capital UAE on June 30, 2026, giving it an indirect 70.3% stake in the former Grand Metropolitan Hotels Holding B.V. The Dutch company has since been renamed Gravity Hospitality Holding and can no longer use the Grand Metropolitan brand. Kingstone Capital Switzerland remains an investor in the wider Grand Metropolitan Hotels Group, which will continue its international expansion independently.
Source: New feed