KINGDOM SELLS MÖVENPICK HOTEL AMBASSADOR ACCRA IN GHANA

Kingdom Holding Company has sold its 100% interest in the five-star Mövenpick Hotel Ambassador Accra in Ghana, West Africa, to Mauritius-based QG Africa Hotel LP for a consideration of US$100 million (approximately US$385,000 per room). Mövenpick Hotels & Resorts will continue to operate the 260-room hotel, which is within Accra’s central business district.

Back