NH Hoteles' deal with HPT stalls over lender objection

04/26/2013 | HotelsMag.com (free registration)

The Royal Bank of Scotland, one of the lenders of NH Hoteles, has reportedly rejected a possible $375 million investment deal between the hotel group and Hospitality Properties Trust. HPT and NH Hoteles are expected to re-enter discussions to seek alternatives or possible modifications to the original agreement.

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