LONDON & REGIONAL TO BUY ATLAS HOTELS  FROM LONE STAR

London & Regional (L&R) is reportedly expanding its hotel operation with the purchase of Atlas Hotels' portfolio of 47 properties across the UK for £575 million from private equity firm Lone Star. L&R currently has 15 hotels (6,600 rooms) throughout Europe and the Caribbean; its acquisition of Atlas brings it 46 Holiday Inn Express hotels and the Hampton by Hilton Liverpool City Centre.

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