Briefs: Katara-Accor deal | Refinancing in Chicago

Katara, Accor partner in Qatar: Qatar’s Katara Hospitality will partner with Accor to develop Raffles and Fairmont hotels in Qatar. Katara Hospitality already own several landmark hotels managed by Accor, with these properties set to open in 2022. Once complete, the arched “Towers in Lusail” will host a 5-star hotel with 361 rooms and suites, in addition to a “6-star” hotel with 132 suites and 49 branded apartments. Edition Madrid sells: Archer Hotel Capital reportedly announced the forward-purchase of the 200-key Edition Hotel in Madrid for €200 million (US$1.2 million per key), according to PropertyEU. The Marriott-managed hotel is due…
Access this content FREE on by Logging in or Registering Now

Related Posts

Lean, but not mean: the new workplace
by Chloe Riley in Featured - October 22, 2021