Turnberry resort sold for £55m
May 21, 2008
Starwood Hotels and Resorts have announced a deal to sell the Turnberry golf resort to Leisurecorp for £55 million. Under the terms of the deal, the hotel at Turnberry will be redeveloped before the resort hosts the Open Golf Championship in 2009. Starwood will continue to operate the five-star resort, with a 30-year plus management contract.
Posted by Eddie
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