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21c Sold To AccorHotels For $51 Million

21c Museum

The owners of 21c Museum Hotels are selling a majority interest in their company to the multinational AccorHotels group.

AccorHotels announced Tuesday that it’s acquiring 85 percent of 21c from founders Laura Lee Brown and Steve Wilson. The purchase price is $51 million.

Brown and Wilson established the flagship 21c Museum Hotel in Louisville in 2006. The company now operates eight properties in seven states, with three more in development.  The properties combine a boutique hotel, contemporary art gallery and chef-driven restaurant and bar.

The company’s corporate headquarters will remain in Louisville, and Craig Greenburg will stay on as President and CEO.

Rick has been a member of the WFPL News team since 2001 and has covered numerous beats and events over the years. Most recently he’s been tracking the Indiana General Assembly and the region’s passion for sports, especially college basketball.
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