Absolute Hotel Services Poised to Buy at Least 20 Hotels Abroad in the Next Five Years
least 20 hotels abroad in the next five years. A new company will be established in London in the third quarter. Apart from Absolute Hotel Services, a venture fund with US$100 million in assets is already committed to be one of the key stakeholders. The company will raise funds from other sources in London as well. Chief executive Jonathan Wigley said Absolute is expected to list on the London Stock Exchange.