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The Times - Sale of Grand Hotel Wien

Grand Hotel Wien
Grand Hotel Wien

"The five star Grand Hotel in Vienna has been sold by All Nippon Airways to JJW Hotels & Resorts, the French hotel operator controlled by Mohamed Bin Issa Al-Jaber of Saudi Arabia, for about £69 million.

The sale through Jones Lang LaSalle Hotels, is one of the biggest hotel transactions since September 11."

Reported in the Times