MK Facilitates Holiday Inn SunSpree Rose Hall Jamaica Sale on Behalf of InterContinental Hotels Group
Molinaro Koger (MK) announced today the firm assisted InterContinental Hotels Group, PLC in the sale of the 524-room Holiday Inn SunSpree Resort, Montego Bay, Jamaica. The resort was acquired for $30 million by Octagon Hotels Group Limited. Octagon signed a 10-year Holiday Inn franchise agreement for the resort with InterContinental and plans a complete renovation of the asset.