C9 Hotelworks Logo Hospitality Consumlting

Starwood Capital Sell Louvre Group

Author: Bill Barnett. Category: Hotels. Posted: 8th Dec 2014

Barry Sternlicht's Starwood Capital has sold Louvre Hotels to China's Jin Jang International.

The deal has been valued in the financial press at USD3.2 billion.

Louvre whose core brand is Golden Tulip has over 1100 hotels across 40 countries.

In recent weeks reports had ACCOR close to doing a deal with Louvre, but at the end of the day Jin Jang who have nearly 1800 properties did the deal.

Talk to C9 today and fınd out how we can help you.

Telephone: +66 (0)76 325 345/6| Email:

Skype: C9Hotelworks, or go to our contact page.

Latest Book Releases from C9 Hotelworks' Bill Barnett

C9 Hotelworks Founder and Managing Director Bill Barnett is a noted columnist, author and leading authority on travel trend, hotels and property.

View all the books from C9

Contact Us

Telephone: +66 (0)76 325 345/6
Go to our contact page.