Article: Kor Hotel Group to Sell Distinguished Campton Place Hotel in San Francisco to India-Based Taj Hotels Resorts and Palaces.

Decision Reflects Prime Real Estate Opportunity and Secures Significant Profit Following Eighteen-Month Ownership

SAN FRANCISCO -- Kor Hotel Group, the Los Angeles-based hotel operator known for its upscale properties in prime destinations, announces that it has entered into an agreement with India-based Taj Hotels Resorts and Palaces for the impending sale of Campton Place Hotel in San Francisco. Purchased by Kor eighteen months ago for $44 million as an ideal entry into San Francisco's desirable but difficult-to-access hospitality market, Campton Place is now being sold for $58 million.

"Our decision to pass this distinguished property into the ...

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