Khalaf Al Habtoor buys InterContinental Budapest

Discussion in 'IHG | Rewards Club/Ambassador' started by uggboy, Jun 23, 2014.  |  Print Topic

  1. uggboy
    Original Member

    uggboy Gold Member

    Messages:
    50,172
    Likes Received:
    133,424
    Status Points:
    20,020
    Khalaf Al Habtoor buys InterContinental Budapest

     
    Kalboz and Newscience like this.
  2. Rakuten06

    Rakuten06 Active Member

    Messages:
    68
    Likes Received:
    197
    Status Points:
    255
    Excuse me if I'm a noob, but does that means IHG sold Intercontinental Budapest to Al Habtoor Group and as a result of it, no longer a IHG hotel?
     
    Kalboz and uggboy like this.
  3. uggboy
    Original Member

    uggboy Gold Member

    Messages:
    50,172
    Likes Received:
    133,424
    Status Points:
    20,020
    Yes, IC sold the hotel to Al Habtoor Group, and No, this doesn't mean that IC doesn't manage the hotel anymore. Looks like only the ownership changed, but not the manager in our case IC, Al Habtoor owns also the Le Meridien Budapest, but Starwood stayed on as manager after the hotel was sold, I guess the same happened here with the IC, sold, and manager IC stayes on.
     
    Kalboz likes this.

Share This Page