Louvre Hotels Group signed a strategic agreement with Chinese bank ICBC for a €2.5 billion.
Shanghai Jin Jiang International Hotels has finalized its agreement to acquire Starwood Capital Group’s Louvre Hotels Group for up to €1.21 billion (US$1.43 billion) in cash.
Bespoke Hospitality Management Asia announced that it has signed an agreement with Louvre Hotels Group to expand the business of Golden Tulip brand in Thailand.