• Marriott agrees Paris sale and manageback

Algonquin SA and Very SAS have acquired the Courtyard by Marriott Paris Saint-Denis from an affiliate of Marriott International for an undisclosed fee.

Marriott will continue to operate the hotel under a long-term management agreement. Following seven acquisitions in the past 18 months, the hotel takes Algonquin’s portfolio to 24 sites.

See the full release here:

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