Accor sells the Grand hotel in Amsterdam for EUR 92m

By A staff reporter 2008-05-08T00:00:00

French hotel group Accor has sold the Grand Hotel in Amsterdam under a sale-and manageback deal to an unnamed party for a total EUR 92mln. Accor said the buyer is paying EUR 60mln for the hotel and investing an additional EUR 32mln in renovation work. Accor will continue to run ...

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