Experimental Group completed the acquisition of Aigle des Neiges from Colony Investment Management.

Experimental Group, a hotel operator in France, the UK, Italy and Spain, completed the acquisition of Aigle des Neiges, a 109-room 4* hotel, from Colony Investment Management, a private equity and real estate investment manager focused on European real estate. Financial terms were not disclosed. The acquisition of the 109-room 4* hotel in Val d'Isère will enable the group to pursue its expansion and diversify its locations.