What a smart move by the management.At one side they reduce the debt and on other side they don’t lose the hotel and their expertise to run that hotel will become Win-Win for both the party.My only ques is why a new company first buy the hotel and then give back to the same owner back on lease,is the owing group is too large that have so much money but lack expertise in that field or what is the case.?And which group bought that hotel any idea?
At last thank you so much .
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