Private equity major Partners Group has agreed to acquire a portfolio of eleven Travelodge hotels in Australia for AUD 620m to seize the opportunity of discounted assets from COVID-19 to capitalize on the long-term relative value of the country’s hospitality sector.
The post Partners Group to acquire 11 Travelodge hotels in Australia for AUD620m to seize COVID-19 opportunities first appeared on AltAssets Private Equity News.
