Skift Take
CitizenM is looking for new growth capital. Might it sell to one of the large hotel groups?
CitizenM, a premium economy hotel chain, has engaged bankers to review a possible sale of either a minority stake or the entire company, according to a report in the Financial Times Wednesday. The owners are being advised by Morgan Stanley and Eastdil Secured.
"We can confirm that CitizenM is looking for new growth capital," a spokesperson t