Abu Dhabi Investment Authority Acquires Some EDITION Hotels from Marriott

Posted on 01/07/2014


The Abu Dhabi Investment Authority is truly a buyer of hotels. Marriott International, Inc. sold the London EDITION and penned binding agreements to sell two other EDITION hotels under development in Miami Beach and Manhattan. The price tag for all three is approximately US$ 815 million. The price is about equal to the aggregate estimated […]

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