Access the main content

News

The Grosvenor House in London changes hands

The Grosvenor House in London has just been acquired by the US real estate investment firm Ashkenazy Acquisition Corp. The amount of the transaction was not disclosed.

Ashkenazy Acquisition Corp, a US real estate investment firm with a portfolio valued at more than $10 billion, has just acquired the iconic Grosvenor House Hotel. Previously the hotel had been bought in 2016 by the State of Qatar following the financial problems of its former owner Subrata Roy Sahara. This transaction, which amount has not been disclosed, is part of an aggressive acquisition strategy deployed by the US firm that recently acquired a stake in the Plaza Hotel in New York. 

Opened in 1929 in Park Lane, Mayfair, the Grosvenor House Hotel is operated by Marriott International. As of January 1, 2017, it is first in the worldwide ranking of hotel groups with a portfolio of 4,875 properties totaling 796,440 rooms, according to data published by Hospitality ON. 
Loading...

Vous avez consulté 10 content. Go back home page or en haut de la page.

Access next article.

Sign up to add topics in favorite. Sign up to add categories in favorite. Sign up to add content in favorite. Sign in for free to vote for the application.

Already signed up? Already signed up? Already signed up? Already registered?