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The St. Regis Rome sold to Constellation Hotels for $150.7 million

Subsidiaries of Constellation Hotels Holdings have purchased The St. Regis Rome hotel for $150.7 million. The 161-room property will continue to fly the St. Regis flag and be operated by Starwood Hotels & Resorts Worldwide under a new management contract. Starwood said the deal is aligned with the hotel firm’s shift in focus toward managed properties. Read the Hotel Management online story here

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Commercial Construction & Renovation
The Official Networking Group
of CCR Magazine