Dallas-based real estate investment firm, Ashford Hospitality, has agreed to purchase the 229-room W Minneapolis Hotel - The Foshay and the 60-room Le Meridien Chambers Minneapolis from Coldwell Banker Burnet Realty. Paying US$349,000 in cash per room, Ashford will continue to leave the two properties under the management of Starwood Hotels. Read more at: http://goo.gl/aoYinD
By Darinee Durai
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