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.

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