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Experts from the hotel, tourism & leisure industry report hospitality news, comments and share views on trends and outlooks

Paris’ Le Meridien Etoile may be up for sale

​Paris' largest hotel, Le Meridien Etoile, may be put on the market in the near future. The 1,025 room hotel, only a 15 minute walk from the Arc de Triomphe, is pending being put on the market by Mount Kellett Capital Management LP. In 2014 Starwood sold the property for €300 million, but maintains its management contract. The city-center hotel is ...
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First U.S. Hospitality Company to enter Cuban market

​Starwood Hotels & Resorts Worldwide will enter the Cuban market in 2016; the first U.S. hospitality company in almost 60 years. Two existing hotels, with a combined 269 rooms, will join Starwood's The Luxury Collections, and Hotel Quinta Avenida (pictured) will become a Four Points by Sheraton. 
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Lone Star’s UK "Hotel Collection" On the Market

Private equity firm Lone Star, has put 10 of its UK "Hotel Collection" hotels on the market. Known as "Project Solstice" the 10 hotels have been put on the market for £130 million. In 2015 the ten hotels, with combined 1,433 rooms, had total revenues of £48 million. Project Solstice includes the Majestic Hotel; The Old Ship Hotel; The Redworth Hall...
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