Marriott completes sale of Courtyard by Marriott Paris Arcueil

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Written by Linda Hohnholz

BETHESDA, MD – Marriott International, Inc today announced it has completed the sale of the Courtyard by Marriott Paris Arcueil.

BETHESDA, MD – Marriott International, Inc today announced it has completed the sale of the Courtyard by Marriott Paris Arcueil. The 170 room hotel, located just outside Paris, France, opened in 2011 as part of a large mixed use economic redevelopment program in the Porte d’Arcueil business district.

Marriott received approximately $28 million in net proceeds and retains a long term management agreement for the property.

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Linda Hohnholz

Editor in chief for eTurboNews based in the eTN HQ.

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