SHIVA SELLS TWO UK RAMADAS TO MARATHON

MCAP Global Finance has acquired two Ramada hotels in the UK from Shiva Hotels for more than the £21.5 million guide price. The 90-room Ramada Birmingham City, in the Mailbox office and up-market retail development in Birmingham city centre, and the 142-room Ramada Manchester Salford Quays will both be managed by Valor Hospitality.

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