BLACKSTONE SELLS TRIANON PALACE, VERSAILLES

New York-based private equity group Blackstone has sold the Trianon Palace de Versailles, A Waldorf Astoria Hotel to French firm Financiére Immobiliére Bordelaise. The transaction price has not been disclosed but reports have estimated the deal at between €130 million and €150 million. Hilton Worldwide will continue to operate the 199-room hotel under the Waldorf Astoria flag.

Back