09-14-2015, 06:43 PM
The £1 billion (US$1.5 billion), 22-hotel portfolio put up for sale in June by the UK’s LRG Acquisition has a short-list, and it comprises Starwood Capital, Apollo Global Management and London & Regional, according to The Times of London. Key assets in the all-IHG branded portfolio include the 906-room Holiday Inn Kensington Forum and the Holiday Inn Heathrow.