GLA Hotels Announces Sale of Hotel Montalembert and the Cessation of Management Services

. October 14, 2008

PARIS, July 29, 2005. Grace Leo-Andrieu, president of GLA Hotels, has announced that as a term of the sale of Hotel Montalembert to Spanish hotel company Grupo Majestic, GLA Hotels will step down as the management company for the Montalembert effective immediately.

In 1990, Grace Leo-Andrieu undertook the meticulous refurbishment of the hotel's 51 rooms and five suites, and her company, GLA Hotels, continued to manage the property since its opening. Under her direction, the Montalembert has become synonymous with innovative design and exceptional service.

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