Friday, July 20, 2007

Risma Holdings in landmark Moroccan hotel buy

(Reuters) - Risma Holdings, the Moroccan affiliate of Accor, has bought the Hilton Rabat in Morocco in a landmark $89 million deal, property services company Jones Lang LaSalle said on Friday.

The acquisition of the five-star, 269-room hotel marks the largest single-asset hotel transaction in Morocco, Jones Lang LaSalle said in a statement.


Read more at Reuters Africa

No comments: