KKR and The Baupost Group have formed a joint venture to acquire a portfolio of 33 Marriott International hotels in the UK from the Abu Dhabi Investment Authority. Managed by KKR’s Amante Capital, the portfolio includes full-service properties in key cities like London, Edinburgh, and Liverpool, and features extensive amenities. The acquisition reflects KKR’s commitment to the European hospitality sector, enhancing its relationship with Marriott. Amante Capital will oversee ongoing investments to improve guest experiences. KKR has invested over $3.5 billion in UK real estate since 2016, focusing on hospitality and other sectors.