Nordic Business Report-June 2, 2006-Norlandia Hotels & Resorts acquires holding in Guard Hotell AS
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Norwegian hotel operator Norlandia Hotels & Resorts said on Friday (2 June) that it has acquired a third of the share capital of Guard Hotell AS, the owner of Norlandia Oslo Airport Hotell.

Norlandia Hotels & Resorts acquired the shares for an undisclosed sum through its subsidiary Hospitality Invest AS.

After the acquisition Guard Hotell is equally-owned by Norlandia Hotels & Resorts, Larshus AS and Utstillingsplassen AS.

Norlandia Oslo Airport Hotell, built in 1999, has 153 rooms.

((Comments on this story may be sent to [email protected]))