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Major transaction for US Hotel Reits

1 min reading time

Published on 05/02/07 - Updated on 17/03/22

CNL Hotels & Resorts is about to be acquired by Morgan Stanley Real Estate for approximately $6.6 billion. This major acquisition of the second largest hotel REITs in the United States will have some immediate impact on the hotel industry. CNL owns eight iconic luxury properties : the Grand Wailea...

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