The Rezidor Hotel Group has announced it has signed a partnership agreement with Norwegian real estate developer Linstow for the management of 10 Reval hotels in the Baltics and in Russia. The joint venture agreement will come into effect from June 2010 and includes three hotels in Riga, two hotels in Tallinn, two hotels in Vilnius, and three hotels in the cities of Kaunas, Klaipeda and St. Petersburg.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
