Tweet
Israeli property group Delek Real Estate is in talks to buy 47 Marriott hotel properties from the Royal Bank of Scotland (RBS).
The deal, which is in partnership with lawyer Egal Ahouvi and Irish property investor Quinlan Private, is worth about £1b.
RBS bought the hotels from Condor, an interim joint venture between Whitbread and Marriott, for £951.4m in April this year.
Condor was set up in March 2005 when Whitbread decided to exit the UK four-star market.
Whitbread to sell Marriot hotels >>
Whitbread website >>
Marriot website >>
E-mail your comments to Tom Bill here.
Get your copy of Caterer and Hotelkeeper every week - click here to subscribe and save 25%.
Using foraged ingredients is nothing new but the trend has become more mainstream over the past two years. However, the wider use of foraged food in restaurants also carries a certain amount of danger.
Watch here
Best of Chef – now available online View it now
10 Feb 2012
09 Feb 2012
08 Feb 2012
06 Feb 2012
07 Feb 2012
31 Jan 2012
30 Jan 2012