|| InterContinental sells London Park Lane for $457M || Constellation is the same Middle Eastern investor who bought parts of the Louvre Luxury Hotels portfolio earlier in the year. A handsome price for such a prime piece of real estate. We will see how the relationship between the new owners and IHG will work out in the long term. Nothing against selling assets at attractive valuations, but they're is always the risk that the owner has other plans than the manager. Only time will tell.