Kronos buys more hotels in the US
With the latest acquisitions, the Atlanta-headquartered group will increase its portfolio to 73, having 57 hotels under its wings at present, Bernama reported.
Sarwir Hansa, one of its partners, was quoted speaking at the official opening of the Crowne Plaza Hotel New York-JFK Airport under its new owners.
The 183-room hotel was the group’s first acquisition and had undergone a major refurbishment since Kronos bought it in April last year.
Hansa said the next major acquisitions would comprise several JW Marriott properties.
Some of the hotels under the Kronos chain include Holiday Inn, Sleep Inn, Wyndham Hotels and Resorts, Ramada and Choice Hotels International.
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