STARBOARD HOTELS AND LASALLE ACQUIRE NINE HOTELS IN THE UK FROM ARES AND EQ

British owner-operator Starboard Hotels, together with American real estate investment manager LaSalle, has acquired a portfolio of seven Accor-branded hotels (913 rooms) in the UK from global investment manager Ares Management and pan-European hotel investor and operator EQ Group. The hotels are situated in London, Birmingham, Luton, Sheffield and Southampton, under the Novotel and Ibis brands. Starboard will manage the hotels under the existing Accor franchise agreements. This acquisition brings the number of Accor hotels managed by Starboard to 15.