(eTN) - The hotel brand Arabella Starwood Hotels & Resorts no longer exists, and the long-term management contracts with Starwood were dissolved this week.
In view of changes being made to international financial reporting standards, the executive board of the holding of Schörghuber Corporate has decided to confine its porfolio in the future exclusively to its own hotel properties and no longer conclude management or lease agreements for third-party hotel properties.
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