The Traderszone Network

Published in TZ Latest News 26 January, 2017 by The TZ Newswire Staff

Owner of Knickerbocker and Royalton hotels considering company sale

The real estate investment trust that owns New York City’s Knickerbocker and Royalton Hotels is considering selling the company. Texas-based Felcor Lodging Trust, which controls around 36 high-end hotels across the country, is talking with possible buyers, the Wall Street Journal reported, citing sources. These talks are in the early stages, according to the paper, and a sale is not certain.

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