Amsterdam.
Hospitality Europe B.V. (“HEBV”), the pan-European hotel owning and asset management company, is pleased to announce the completion of its sale to BRE/Hospitality Europe Holding B.V., an entity owned by funds managed by The Blackstone Group.
HEBV owns eight hotel properties containing a total of 3,227 rooms in Amsterdam, Brussels, Frankfurt, Paris, Prague and Stockholm. Starwood, Marriott, and Hyatt operate these hotels under the brands Sheraton, The Luxury Collection, Four Points, Renaissance, and Hyatt Regency. Morgan Stanley & Co. Limited was the exclusive financial advisor to HEBV in connection with this matter.
Notes for editors:
The HEBV portfolio is comprised of the following hotels:
Total: 3,227
Morgan Stanley & Co. Limited is acting for HEBV and no one else in connection with this matter and will not be responsible to any other person for providing the protections afforded to clients of Morgan Stanley & Co. Limited or for providing advice in relation to the matter.
Hospitality Europe B.V. Announces Completion of Sale to Blackstone
June 01, 2006
June 01, 2006