Hilton completes UK sales

30th Nov 2006

Hilton Hotels Corporation has completed the sales of two major UK hotels.The 1,054-room Hilton London Metropole and the 794-room Hilton Birmingham Metropole - have been sold to Arthur Matyas’ and Dr Edward Wojakovski’s Tonstate, for £417 million. Hilton will retain 30-year management contracts on both hotels. An exchange of contracts on the two hotels had previously been announced in October.


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