Louvre offloads 18 works of art

摘要

Starwood Capital's Louvre Hotels is to sell its 18 UK hotels.It has hired Christie & Co to sell the hotels, which number 17 Campanile assets and one Premiere Classe hotel.It expects offers of more than ￡70m for the portfolio.The hotels are a mixture of freehold and long leaseholds in locations such as Cardiff, Glasgow, Birmingham, Liverpool, and Northampton (pictured).Campanile operates more than 380 hotels under its two-star brand.