Sofitel sells 6 hotels

SofitelA portfolio of six Sofitel hotels has been sold for $370 million. Accor sold the six hotels to a joint venture comprised of GEM Realty Capital and Whitehall Street Global Real Estate Limited Partnership 2005, but will maintain a 25% stake. The hotels included in the deal are located in Chicago, Los Angeles, Miami, San Francisco, Minneapolis and Washington, D.C.   Accor operates more than 4,000 hotels in 92 countries, including nearly 200 under the Sofitel brand.

Comments (0)

Leave a comment

Your actual name, not your online persona, website name, company name or keywords, otherwise your comment won't be published

Please do not advertise and make sure your comment adds value, otherwise we regret that it won't be published. Comments such as "Nice post. Thanks for sharing." do NOT add value to the discussion! Homepage links (not deep links) are allowed in the 'Website' field only - if you would like to advertise, please contact us for details and we will be happy to help.

If you want a picture to show with your comment, go get a Gravatar.

Our readers also enjoyed these posts…