STARWOOD CAPITAL ACQUIRES TWO SCOTTISH HOTELS

Through a controlled affiliate, Starwood Capital Group has acquired Scottish firm The Town House Collection (founded in 1989 by hotelier, Peter Taylor) for an undisclosed sum. The collection comprises two hotels: the 100-room Blythswood Square in Glasgow, which opened in 2009, and the 49-room boutique Bonham hotel in Edinburgh. The transaction brings Starwood Capital's portfolio in Scotland up to four hotels (two in Glasgow and two in Edinburgh).

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