Deals

Sydell Group Weighs Sale of Boutique NoMad Hotels Brand

The Library at the NoMad Hotel.
Photographer: Amanda Gordon/Bloomberg

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By Jack Sidders and Gillian Tan

November 10, 2023 at 4:01 PM UTC

Updated on

November 10, 2023 at 4:28 PM UTC

This article is for subscribers only.

Sydell Group is exploring a sale of its NoMad Hotels brand, according to people with knowledge of the matter.

The closely held company is gauging interest for the boutique asset from potential buyers including Hilton Worldwide Holdings Inc. and other major operators, the people said, asking not to be identified discussing internal matters.