PARIS, July 7 (Reuters) - U.S. investment company Starwood Capital Group Global LP said it was buying around 240 of the 260 hotels run by loss-making hotel operator Golden Tulip for an undisclosed amount.
Golden Tulip Hospitality Group, which went into voluntary receivership earlier this year, had at one time been discussing a possible merger with Apollo Hotels & Resorts.
Read more:
http://www.reuters.com/article/marketsNews/idINL713921020090707?rpc=44
0 comments:
Post a Comment