Jones Lang LaSalle hotels has sold the Swissotel in Brussels to the City Hotels group, as part of previous owner Banimmo's strategic decision to divest itself of non-core assets. City Hotels has chosen Marriott International to operate the 262-bed property, making this the second City Hotels site to be managed by Marriott in Brussels. Jones Lang LaSalle senior vice president, Robert Seabrook, suggests the growing significance of Brussels as a business centre prompted the high interest in the sale: The improving status of Brussels as Europe's political capital will mean increased government and corporate-related demand - both of which are high yielding business. Victor Hasson of City Hotels added: It is a major achievement for City Hotels to add the Renaissance Hotel to its portfolio in Brussels. We are very proud to be providing Marriott International with two first class properties in the heart of the city. We are sure that Marriott management will enhance the value of our property.
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