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