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The information below comes from the UK Activity Report.
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Savoy Hotel

Savoy Hotel has been acquired by Blackstone Hotel Acquisitions, the US company controlled by Blackstone and Colony Capital, for £520m. 08-Apr-1998

Blackstone of the US is said to have made a bid proposal for the Savoy luxury hotels group, and an announcement is expected within a week. 04-Apr-1998

The Savoy Hotel is said to have received a £520m takeover offer from Blackstone Group, the New York investment bank, but there have also been approaches from three US real estate investment trusts. 21-Mar-1998

The Savoy Hotel group has received a number of approaches from prospective buyers, and is in the process of deciding which ones to follow up. 18-Sep-1996

The Savoy group has sold the Lancaster Hotel in Paris for £9.6m. 02-Nov-1995



The information above comes from the UK Activity Report








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