• M&C New York buy

Millennium & Copthorne Hotels has bought the Novotel in central New York. M&C has paid USD273.6m to acquire the 34 storey Times Square block.

The 480 room hotel was built in 1981, and was refurbished last year. M&C already has two hotels in the city’s Midtown and Downtown.
Read the full story here:
http://www.millenniumhotels.com/content/dam/Millennium/CIR/RNS-News/2014/02102014_Proposed%20Acquisition%20of%20Novotel%20Hotel%20in%20New%20York.pdf

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