Dubai's Al Habtoor eyes hotels in London, Paris - Travel & Hospitality - ArabianBusiness.com:
"Al Habtoor Group has revealed plans to further expand its hotel portfolio overseas, with the Dubai conglomerate eyeing acquisitions in key European markets London and Paris.
As it gears up to open its latest offering on Christmas Eve, the luxury Waldorf Astoria Dubai on the Palm Jumeirah, vice-chairman and CEO Mohammed Al Habtoor said it was always looking to expand.
Al Habtoor, the son of the Al Habtoor Group founder Khalaf Al Habtoor, said the company now had four hotels in Dubai, two in Lebanon, one in Budapest in Hungary and another three under construction in Dubai.
It had no immediate plans for further hotels in the Middle East, but he confirmed it was looking for further opportunities in Europe."
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