Premier Inn and Emirates Group Sign Joint Venture
Posted on: November 4th, 2008 Posted by Robert Jones
Premier Inn, the largest and quickest growing brand of hotels in Britain, has announced that they are signing a joint venture with Emirates Group to introduce their mid-market chain of hotels to Oman.
The new venture is the start of a strategic agreement between Premier Inn Hotels LLC and The Emirates Group for developing the hotel [...]
Le Méridien in Piccadilly For Sale by Lehman and Starwood Capital
Posted on: November 3rd, 2008 Posted by Sharon Miller
The Le Méridien Piccadilly in London is going to be sold with about a £90 million estimated price tag as part of the assets sell-off of the Lehman Brothers. Starman Hotels, which is a hotel investment venture of Starwood Capital and Lehman, has given the task of selling the 5-star Le Méridien hotel to [...]