>Sir David Michels launches new hotel asset management firm

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>Sir David Michels, former group chief executive of Hilton, has joined forces with one time colleague, Hugh Taylor, to launch a new hotel asset management business.

The pair already asset manage 60 Hilton and Marriott hotels across the UK, through Hilmar Hotel Management. Now, under the new trading name of Michels & Taylor, they are opening up their service to new owners of branded hotels of over 100 bedrooms across Europe.

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