Extended stay hotels specialist Edyn has acquired Hotel Ascot in Zurich, which it plans to refurbish and relaunch under its lifestyle brand, Locke.
Extended stay hotels specialist Edyn has acquired Hotel Ascot in Zurich, which it plans to refurbish and relaunch under its lifestyle brand, Locke.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.