al faisal holding unit acquires us hotel
Last Updated : GMT 11:53:44
Arab Today, arab today
Arab Today, arab today

Al Faisal holding unit acquires US hotel

Arab Today, arab today

Arab Today, arab today Al Faisal holding unit acquires US hotel

Doha - QNA

Al Faisal Holding Company announced Sunday the acquisition of Radisson Blu Aqua Hotel, Chicago, USA, through Seldar Holdings, the North American investment and business development arm of Al Rayyan Tourism and Investment (ARTIC). \"This acquisition is a major step forward in realizing Al Faisal Holding’s vision of increasing its investments in the hospitality sector and accumulating a portfolio of 25 hotels in prime cities around the world by 2020,\" a media statement on behalf of the company said today. With this agreement, the Company’s portfolio of hotels either operation or under development has reached 18 properties, located across the Middle East and North Africa, South Africa, Europe and North America, the statement added. The hotel opened November 1, 2011 and is operated by Carlson Rezidor Hotel Group. It is located in the 86 storey Aqua Tower. The hotel has 334 rooms and is strategically located in the heart of downtown Chicago, near the Financial District, Millennium Park, North Michigan Avenue and the Magnificent Mile shopping area. Al Faisal Holding Company Chairman Sheikh Faisal bin Qassim Al Thani said, \"We are delighted to forge this partnership for the acquisition of the Radisson Blu Aqua in Chicago. This hotel is Carlson\'s flagship hotel in the US and is the first Radisson Blu in North America. \"This unique landmark hotel with its one-of-a-kind architectural quality and attractive setting reflects our clear investment focus on high quality assets in prime city locations as we continue to grow the business both locally and internationally. I look forward to the further expansion of our hotel portfolio across Europe, MENA and now North America.\" Carlson Rezidor Hotel Group President, Americas, Thorsten Kirschke said, \"We are pleased to complete this sale with such an esteemed partner. We look forward to continuing to grow our relationship with our partners and to emulate the success of the Radisson Blu Aqua Hotel, Chicago with many opportunities to come.\" Last year Al Faisal Holding acquired the W London Hotel for ?200 Million (QR 1,152.03m), the biggest hotel purchase of the year. A wholly-owned Al Faisal Holding Company subsidiary, ARTIC is the international hospitality unit of Al Faisal Holding and is engaged in real estate development, acquisition and leasing with a primary focus on the hospitality sector and hospitality-related services both in Qatar and overseas.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

al faisal holding unit acquires us hotel al faisal holding unit acquires us hotel

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

al faisal holding unit acquires us hotel al faisal holding unit acquires us hotel

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Air China suspends flights to North Korea

GMT 10:39 2017 Thursday ,23 November

Air China suspends flights to North Korea
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria opposition meets in Riyadh

GMT 06:23 2017 Thursday ,23 November

Syria opposition meets in Riyadh
Arab Today, arab today Online exhibit shows hidden depths of

GMT 11:45 2017 Thursday ,23 November

Online exhibit shows hidden depths of
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today Srebrenica women cry tears of joy

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today Singer Jahda Wahba has unlimited ambitions

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 10:43 2017 Wednesday ,22 November

Cigar-shaped asteroid came

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday