Details of the terms of the sale were not disclosed but Jones Lang LaSalle Hotels, acting for Groupe du Louvre, described it as the largest single transaction in the European hotels sector since 2011. It is thought to have sold for more than 700m.
Details of the terms of the sale were not disclosed but Jones Lang LaSalle Hotels, acting for Groupe du Louvre, described it as the largest single transaction in the European hotels sector since 2011. It is thought to have sold for more than 700m.
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