• Algonquin makes Europe buy

Algonquin has made its first buy in Central Europe, acquiring the 232-room Sheraton Krakow, for around EUR38m.

The deal takes the company’s portfolio to 32 hotels. Starwood Hotels and Resorts will continue to manage the hotel under the Sheraton Brand.

Read the full story here: http://www.algonquin-hotels.com/index.php?lng=en

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