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Schroders and Starwood extend hot streak for hotel deals

Last year saw a record number of acquisitions of European hotels and operators

Schroders and Starwood extend hot streak for hotel deals

Two big transactions announced on Thursday have underlined a busy period of dealmaking in Europe’s hotel industry.

Fund manager Schroders has struck a deal to buy Algonquin, which invests in and runs hotels in Europe, and owns properties worth a combined €1.8bn.

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