Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Wednesday, July 4, 2012

More hotels in key cities

KUALA LUMPUR: Qatar Holding LLC, as owners of the Harrods brand, plans to expand the Harrods Group portfolio in key cities.

This includes the opening of Harrods-branded hotels in London and other prime locations worldwide.

"The plan is to open Harrods hotels in key cities, such as Kuala Lumpur, New York and Paris as well as in China. Preferences will be given to sites already owned by Qatar Holding or its affiliates, for example at Chelsea Barracks in London or Costa Smeralda in Sardinia," Qatar Holding said a statement yesterday.

Qatar Holding will set up a hotel management company to conduct full market and feasibility studies before selecting suitable sites for the Harrods hotels.

The group ultimately intends to grow Harrods into a global enterprise that defines the luxury retail and leisure sectors.

By Business Times

No comments: