Qatar’s Al Faisal Holding Company, which last year spent $309m buying the W Hotel in London, is planning to double its investment in the hotel sector, the company’s chairman told sister title Arabian Business in an interview in Doha.
“One of the specialties of this company is that we have a hospitality division and Qatar needs hotels,” Sheikh Faisal Bin Qassim Al Thani Al Faisal, chairman of the Al Faisal Holding Company, told Arabian Business in a rare interview at his offices in Doha.
“We have so many hotels now and definitely with 2022 [FIFA World Cup] we are to double the investment in the sector, not just in Qatar but all over the world and we have big plans for our hospitality division."
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