Just after 10am yesterday, Mantra Group announced it had bought the Art Series Hotels Group brand and management rights of its seven art-themed properties in Melbourne, Brisbane and Adelaide for $52.5 million.

Three hours later Event Hospitality and Entertainment Limited announced that its marketing and distribution agreement with Art Series Hotels – which has been in place since 2009 – will end in November.

You win some, you lose some.

Share and Enjoy: