THE Abu Dhabi Investment Authority has sold a portfolio of 31 hotels comprising 4,097 rooms across Australia to AccorHotels for $200 million. Under the deal, AccorHotels will convert 15 triple-net leases into 50-year management agreements and extend the management term of one hotel also to 50 years (total 16 hotels). And AccorHotels’ subsidiary HotelInvest will […]
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