BIL to sell six Thistle hotels

Thistle Hotels, London's biggest hotel chain, plans to sell six London hotels with the help of UBS Investment Bank, its Singapore-based parent BIL said on Tuesday. The value and location of the hotels were immediately available but BIL said the sale was part of a portfolio reshuffling at Thistle, which owns or manages 54 hotels and is 100-percent owned by BIL International Ltd

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Guoman Hotel Management Limited operates two hotel brands within the UK market; Guoman Hotels, an exclusive collection of deluxe hotels located in central London and Thistle Hotels, a chain of quality full service hotels in the UK's major cities. Guoman Hotels in the UK consists of four landmark properties with its Strand hotel - the Charing Cross, The Cumberland Hotel near Hyde Park, The Royal Horseguards Hotel near Westminster and The Tower.