RBS (RBS) is reportedly nearing an agreement to sell 42 Marriott-operated hotels to Abu Dhabi...

|By:, SA News Editor

RBS (RBS) is reportedly nearing an agreement to sell 42 Marriott-operated hotels to Abu Dhabi Investment Authority, possibly for £640M ($992M). RBS took control of the hotels when the previous owners defaulted on their debt in 2011.