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- 25. Orient-Express Acquires Two Hotels in Sicily
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Orient-Express Acquires Two Hotels in Sicily. Orient-Express has signed a binding agreement to purchase the Grand Hotel Timeo and the Villa Sant’Andrea in Taormina, Sicily, for a combined price of €81million (US$117 million). After a series of renovations to bring them up to Orient-Express standard, both hotels will reopen in time for the summer season 2010.
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