Qatar's Constellation Hotels buys 64pc stake in the company which owns Claridges, The Berkeley and The Connaught. A Qatari investment vehicle has taken a majority stake in three of London’s most prestigious hotels in a landmark deal.
Constellation Hotels - which is owned by Qatar Holding, the sovereign wealth fund backed by the Qatari royal family - has bought a 64pc stake in Coroin, the holding company which owns the Maybourne Hotel Group, made up of Claridges, The Berkeley and The Connaught........................................Full Article: Source
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