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PARIS-Alrov, an international real estate company with a portfolio of Israeli and European properties, has acquired the 231-room Art Deco Hotel Lutetia from Greenwich, CT-based Starwood Capital Group. The hotel is in the Saint-Germain-des-Pres neighborhood of Paris and will continue to be managed by Groupe Concorde, a separate Starwood affiliate, “for the foreseeable future,” according to Starwood.

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