The US investment company Blackstone has sold the Hilton Prague Old Town to Singapore based M&L Hospitality Trust.

The five-star hotel is located not far from Náměstí Republiky and has just over 300 rooms. Blackstone acquired the hotel in 2007.

Singapore-based M&L Hospitality Trust has acquired the Hilton Prague Old Town hotel plus an adjacent 6,900 m2 mixed-use commercial building called Gestin Centrum from Blackstone for an undisclosed sum.

M&L Hospitality Trust is an international real estate investment platform specialized in hotels and with offices in Amsterdam, Singapore and Sydney.

Journalism major living and studying in Prague. Child of the world, foodie, and feline lover.