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Aroundtown Collects Only 45% Hotel Rent in First Quarter Due to Omicron Restrictions

Investor To Sell €1.1 Billion of Properties to Pay Down Debt and Buy Back Shares
 (Getty Images)
(Getty Images)

Aroundtown said rent collection rates at its hotels were only 45% during the first quarter of this year as travel was restricted due to the outbreak of the omicron variant.

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