Lasik new york - New York, Philadelphia Sofitel Hotels Sell in $255M Sale Manage-Back Deal
Paris-based hotel company Accor walks away with $255 million after selling Sofitel New York (pictured) and Sofitel Philadelphia to a joint venture in a sale manage-back transaction.
Jan. 8 (Bloomberg) -- Accor SA, the world's fourth-largest lodging company, will sell New York and Philadelphia hotels from its luxury Sofitel chain for $225 million to help reduce debt and increase profit.
A city police officer was hurt during a car chase that involved one of six white men who pleaded guilty in the death of a black woman during York's 1969 race riots.
Part of the New York-New Jersey PATH commuter train system was shut on Monday due to the smell of natural gas that was reported throughout much of Manhattan and parts of New Jersey, just across the Hudson River.
Jan. 8 (Bloomberg) -- Accor SA, the world's fourth-largest lodging company, will sell New York and Philadelphia hotels from its luxury Sofitel chain for $225 million to help reduce debt and increase profit.
A city police officer was hurt during a car chase that involved one of six white men who pleaded guilty in the death of a black woman during York's 1969 race riots.
Part of the New York-New Jersey PATH commuter train system was shut on Monday due to the smell of natural gas that was reported throughout much of Manhattan and parts of New Jersey, just across the Hudson River.
