• Louvre to sell UK portfolio of 18 hotels

Starwood Capital’s entire estate of Louvre Hotels in the UK is up for sale for an undisclosed price.

The estate being sold by Christie & Co includes a mix of freehold and long leasehold properties. It includes 17 Campanile and one Première Classe property. They are spread across the UK in locations including Cardiff, Glasgow, Birmingham, Liverpool and Manchester. The Premiere Classe hotel is the company’s super-economy brand. Campanile is Louvre Hotels’ two-star chain, and has 380 hotels and restaurants in nine European countries.

See the full press release here: http://www.christie.com/news/latest/2/13882

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