Interview with Mevlüde-Aysun Tokbag: ALFA Hotel Luxembourg and Marriott Hotels
_In May 2019, Wildgen assisted Alfa Hotel Luxembourg in successful negotiations with Mariott Hotels.
In May 2019, the owners of the Alfa building at the Luxembourg Central Station, ALFA PLACE DE LA GARE S.A. and ALFA GESTION S.A., successfully signed a long-term lease agreement with a Luxembourg company. The ALFA Hotel will be renovated and subsequently run by Marriott as LUXEMBOURG MARRIOTT HOTEL ALFA. The reopening is scheduled for 2021.
Partner Mevlüde-Aysun Tokbag and her team assisted the different parties in the transaction with the Marriott Group, by assisting with the structuring, the negotiations of the hotel management deal, the due diligence and the financing of the contemplated renovation according to Marriott’s standards.
Lawyer Monthly is a news website and monthly legal publication with legal news from around the world. They asked Partner Mevlüde-Aysun Tokbag why this deal was particularly interesting.