Paris’ Le Meridien Etoile may be up for saleApril 21, 2016 Redazione
Paris’ largest hotel, Le Meridien Etoile, may be put on the market in the near future. The 1,025 room hotel, only a 15 minute walk from the Arc de Triomphe, is pending being put on the market by Mount Kellett Capital Management LP. In 2014 Starwood sold the property for €300 million, but maintains its management contract. The city-center hotel is currently valued at €400 million ($450 million).