In News from French hotel group Accor SA, the hoteliers announced this morning their sale of two MGallery hotels. One hotel in Germany and another in the Netherlands were sold for an estimated €44 million euros. Accor also announced leasing back the hotels in a 15 year deal with an option to renew.
Is there a more exotic destination than Marrakech? The “Ochre City” was once capital of the vast Almoravid Dynasty, which spread across the Northwestern Sahara and half of Spain. Today visitors to this mystic city of sultans may best experience what being royal in Morocco means staying at one of the world’s great hotels, La Mamounia.