Qatar Airways plans to buy around 50 hotels in 5 years - The Peninsula Qatar

Qatar Airways plans to buy around 50 hotels in 5 years - The Peninsula Qatar:

"Qatar Airways plans to buy around 50 hotels in the next five years. The national carrier of Qatar also plans to launch flights to U-Tapao near Pattaya in Thailand in January.  “It is our plan to have at least 50 hotels in our portfolio. We have completed 10 percent of that and hopefully in the next five years we will complete 50 hotels around our network which we intend to buy,” said Akbar Al Baker, Group Chief Executive of Qatar Airways while addressing newspersons  at the Shangri-La Hotel in Chiang Mai in Thailand.  “It is to ensure to have additional stream of revenue for the airline because we need to get into other businesses to support the growth of Qatar Airways,” he added. Following the arrival of QR822 on December 13, the airline’s first flight to Chiang Mai, Al Baker discussed Qatar Airways’ ambitious expansion of its global route network. He also highlighted the airline’s commitment to generating tourist traffic to Chiang Mai."



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