Quotes from the news wire:
However, given it will be classed as a 'trophy asset', buyers might not be put off by a financial performance that doesn't reflect the sale price, whether it's an inflated price or not, this should not be seen as an indication of the buoyant hotel market in the UK in a wider context, primarily because the Ritz is almost a 'one-off.'.
Found on Reuters 3 years ago
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