• Louvre on the block

Starwood is looking for EUR1.2-1.5bn from the sale of Louvre Hotels. The investor has hired Goldman Sachs and Deutsche Bank to sell the business, reports Les Echos. 

Louvre, which operates brands including Campanile, Kyriad and Tulip, has more than 1,100 hotels. Starwood first bought into the group in 2005, adding the Dutch Golden Tulip group in 2011. 
Read the full story here:
http://www.lesechos.fr/journal20141003/lec2_industrie_et_services/0203826748231-starwood-capital-lance-la-cession-des-hotels-campanile-1049428.php
 
Share →