Tchenguiz's U.K. Hiltons Said to Be Sold to Dayan-Backed Group

The family of Israeli property tycoon Amir Dayan is among buyers of a portfolio of U.K. hotels leased to Hilton Worldwide Holdings Inc., according to people with knowledge of the deal. The group of nine hotels, which entered a form of bankruptcy protection under U.K. insolvency laws starting in early 2018, was acquired by companies controlled by Vivion Investments Sarl for 246 million pounds ($315 million), according to a filing by the administrators appointed to oversee the properties, Bloomberg News reported. Dayan’s family is among the investors in Vivion, the people said, asking not to be identified because the information is private. A representative for the Dayan family didn’t immediately respond to requests for comment. The sale marks the start of a new saga for the Zinc Hotels portfolio that was once owned by Iranian-British businessman Vincent Tchenguiz. Read more