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 [...]

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 [...]