By Breaking Travel News Starwood Capital Group and Jin Jiang International Holdings have revealed the sale of Groupe du Louvre and its 100% indirect subsidiary Louvre Hotels Group has been completed. Through Starwood affiliate Star SDL Investment Co., Groupe du Louvre was sold to the Luxemburg-based subsidiary of Shanghai Jin Jiang International Hotels Development, for an amount of €1.3 billion.
Source: Breaking Travel News – News
Starwood Capital Group completes sale of Louvre Hotels Group
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