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Article - The Chelsea Townhouse Boutique Hotel Opens in London - Formerly the Draycott Hotel, the property has undergone an extensive transformation to become The Chelsea Townhouse, located on the exclusive Cadogan Estate and just a stone s throw from its sister hotel, 11 Cadogan Gardens.
Hyatt to acquire Dream Hotel Group, Cadogan Estates acquires The Draycott Hotel in London, Peakside Capital acquires the Grandhotel Hessischer Hof hotel in Frankfurt from Prinz von Hessen.