Bridget D'Oyly Carte died childless in 1985, bringing an end to her family line. In 1998, an American private equity house, The Blackstone Group, purchased the Savoy hotel group. They sold it in 2004 to Quinlan Private, who sold the Savoy hotel and restaurant Simpson's-In-The-Strand eight months later, for an estimated £250 million, to Al-Waleed bin Talal to be managed by Al-Waleed's affiliate, Fairmont Hotels and Resorts of Canada. Quinlan's group retained the rest of the hotels under the name Maybourne Hotel Group.