LONDON—Fattal Hotel Group, owner and operator of 329 hotels in 22 countries, including the flagship Leonardo Hotels brand, signed an agreement to acquire The Blakely Hotel in Midtown Manhattan. The acquisition marks the company’s first hotel investment in the United States. The property is situated in Manhattan’s hotel and entertainment district and is within a short walking distance of Central Park, Times Square and Fifth Avenue. The hotel, a pre-war structure, has 117 guestrooms, including […]

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