22.05.2014 - Qatar Purchases Five Intercontinental Hotels
Katari Hospitality, part of the Qatar Investment Authority sovereign wealth fund that specialises in domestic and foreign investment, has added to its growing portfolio by purchasing five Intercontinental hotels. Located across five European cities, the hotels include the Carlton InterContinental in Cannes and Amsterdam’s Amstel InterContinental. Katari Hospitality will also be taking join control of InterContinental hotels in Frankfurt, Madrid and Rome...........................................Full Article: Source
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