The former Le Meridien Copacabana hotel in Rio de Janeiro, Brazil, has been sold for around R$170m (£54.5m).
The 38-floor property is one of the most famous landmarks in Rio de Janeiro and is situated in a prime position overlooking the Copacabana and the Atlantic Ocean with direct views of the Sugarloaf mountain and the Christ Redeemer statue on Corcovado.
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http://www.caterersearch.com/Articles/2009/07/30/328986/former-le-meridien-copacabana-hotel-sold-for-54.5m.html
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