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Analysis

May’s top stories: New World Development to sell three hotels, Legoland Hotel to open in Florida

Hong Kong-based New World Development has sold three hotels to Abu Dhabi Investment Authority for HK$18.5bn, while Marriott International plans to add 80 properties and additional franchises to MEA region within the next five years. Hotelmanagement-network.com wraps-up the key headlines from May 2015.

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