Ago Hotels, a new hotel platform set up in July together with French hospitality group Accor, has secured nine hotel leases from Travelodge, the budget operator at the centre of a rent dispute earlier this year.
Ago Hotels, a new hotel platform set up in July together with French hospitality group Accor, has secured nine hotel leases from Travelodge, the budget operator at the centre of a rent dispute earlier this year.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.