Monday, 9 January 2012

Qatar acquires Raffles hotels in Singapore, Paris - Real Estate - ArabianBusiness.com

Qatar Nationals Hotels Company (QNH) said on Monday it has taken over the ownership of two iconic Raffles properties in Singapore and Paris.
"Adding these iconic properties to our portfolio represents consistent steps of QNH's strategic expansion at the international level," said Hamad Abdulla Al Mulla, CEO of QNH.
"Through years of rich history, Raffles Hotel Singapore and Le Royal Monceau - Raffles Paris have become legendary legacies that enhance the hospitality values by building a bridge between tradition and a glorious future," he added.

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