The Windsor Court Hotel, a luxury 324-room hotel in New Orleans, has been sold for $44.2 million to a group that plans a two-year renovation of its guest rooms. Orient-Express Hotels Ltd. said it sold the hotel to Windsor Court Partners because the hotel no longer fits its model of catering to leisure travelers. “The Windsor Court Hotel is one of North America’s finest properties, but today New Orleans is dominated by corporate and conference business,” Orient-Express CEO Paul White said. “The foundation of Orient-Express Hotels’ business model is delivering the highest level of our product to our core customers, who today are leisure guests.” – via Forbes