Katara Hospitality acquires Plaza Hotel for USD 600 million

Katara Hospitality acquires Plaza Hotel for USD 600 million

In May, Sahara agreed to sell the Plaza to Shahal Khan, founder of Dubai-based family office White City Ventures.

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Accor to buy 50 percent stake of Sam Nazarian’s Sbe, deal valued at USD 319 million

Accor to buy 50 percent stake of Sam Nazarian’s Sbe, deal valued at USD 319 million

The purchase marks the latest example of Accor’s recent acquisition spree, with the French group agreeing to buy Chile’s Atton Hoteles last month.

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Minor acquires an additional 25.2 percent stake in NH Hotel Group

Minor acquires an additional 25.2 percent stake in NH Hotel Group

H Hotel Group is a world-leading urban hotel operator, listed on the Madrid Stock Exchange.

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Aldar acquires USD 1 billion of assets from Tourism Development & Investment Company

Aldar acquires USD 1 billion of assets from Tourism Development & Investment Company

Aldar has acquired assets located in key destinations, with a focus on Saadiyat Island.

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