Societe Anonyme des Bains de Mer et du Cercle des Etrangers a Monaco: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Societe des Bains de Mer et du Cercle des Etrangers a Monaco to Run the Hotel Meridien Beach Plaza in Monaco
Societe des Bains de Mer et du Cercle des Etrangers a Monaco announced that as of June 28, 2012, it is resuming the operation of the Hotel Meridien Beach Plaza in Monaco. La Societe Hoteliere du Larvotto, a wholly owned subsidiary of the Company, takes over from a company from the Starman group for the rest of the existing leasing-management contract with the owner, the Societe Nationale de Financement, that is to say until September 30, 2018. Until this date, the Starwood group will continue to run the hotel, under the name Le Meridien, for the Company.
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