Technogym
Technogym
Technogym
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Uppingham School
£24,687.57pa + pension + health care + benefits
Uppingham, Rutland
City University of London
£32,982 - £37,099pa + excellent pension and benefits
London
Exeter City Council
£40,221 - £42,403pa + pension + benefits
Exeter
Everyone Active
Competitive rates of pay
South Oxhey Leisure Centre, Watford
Active Luton
£61,000 - £64,000 + exceptional pension + excellent benefits
Luton

Morgan buys CNL Hotels for US$6.6bn

Job opportunities
The Pickaquoy Centre
£30,000pa + local Govt pension + attractive benefits package
location: Orkney, Scotland, United Kingdom
more jobs

Morgan Stanley Real Estate is set to acquire real estate investment trust CNL Hotels & Resorts (CHR) for US$6.6bn (£3.3bn, 5bn euro).

Under the terms of the agreement, CNL will sell another 51 properties to Ashford Hospitality Trust for US$2.4bn (£1.2bn, 1.8bn euro) immediately before the Morgan Stanley transaction.

Morgan Stanley’s portfolio will comprise three properties from the Hilton’s Waldorf–Astoria collection -– The Grand Wailea Resort Hotel & Spa in Hawaii, The La Quinta Resort & Club in California and The Arizona Biltmore Resort & Spa in Arizona -– as well as three JW Marriott resorts and The Claremont Resort & Spa in California.

Morgan Stanley will pay CHR’s shareholders US$20.50 (£10.40, 15.80 euro) per share.

The transaction is expected to close in the second quarter of 2007. Details: www.cnlhotels.com

Sign up for FREE ezines & magazines
Morgan Stanley Real Estate is set to acquire real estate investment trust CNL Hotels & Resorts (CHR) for US$6.6bn (£3.3bn, 5bn euro).
NULL,NULL,NULL,NULL,HHR,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL
blanknews.gif

More News

1 - 15 of 67,902
04 May 2024
US gym chain, Crunch Fitness, has bolstered its global expansion plans with the appointment of John Kersh as managing director of international development. Kersh has ... More
03 May 2024
The historic Breakers Hotel in Long Beach, California, is set to reopen in mid-2024 as a Fairmont Hotels & Resorts property after a significant restoration ... More
03 May 2024
High-end five-star hotel company Kempinski Hotels is making its mark in Vietnam with a luxury waterfront property overlooking the Saigon River. Set to open by ... More
02 May 2024
Active Oxfordshire has received £1.3 million to tackle inactivity and inequality and launch a new programme for children. The funding has come from the Buckinghamshire, ... More
02 May 2024
Barry’s – known for its HIIT workouts combining treadmills and weights – is thought to be looking at strategic options, including taking on a new ... More
02 May 2024
Consultancy and change architects, Miova, have welcomed industry veteran Mark Tweedie on board. Tweedie had most recently headed up Brimham’s Active, which was launched in ... More
30 Apr 2024
US private equity fund, Providence Equity Partners, is acquiring a majority stake in VivaGym from Bridges Fund Management, which will exit as a shareholder. Financial ... More
01 May 2024
Marriott International has signed a new deal with Neom to open a Ritz-Carlton Reserve property as part of Trojena, a brand new year-round mountain adventure ... More
27 Apr 2024
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year ... More
27 Apr 2024
The Bannatyne Group says it has officially bounced back from the pandemic, with both turnover and profits restored to pre-2020 levels in 2023, according to ... More
27 Apr 2024
As part of its drive to become carbon neutral by 2030 and carbon positive by 2032, Dutch theme park Efteling has announced plans to convert ... More
26 Apr 2024
There is speculation that Basic Fit will sell the five Spanish Holmes Place clubs it has just acquired from RSG Group in a 47-club deal. ... More
26 Apr 2024
While British adults are the most active they’ve been in a decade, health inequalities remain with the same groups missing out, according to Sport England’s ... More
25 Apr 2024
Kerzner International has signed deals to operate two new Siro recovery hotels in Mexico and Saudi Arabia, following the launch of the inaugural Siro property ... More
25 Apr 2024
Nuffield Health’s fourth annual survey, the Healthier Nation Index, has found people moved slightly more in 2023 than 2022, but almost 75 per cent are ... More
1 - 15 of 67,902
Technogym
Technogym