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Qatari firm buys London's Grosvenor House hotel

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Katara Hospitality is expanding its global portfolio with the acquisition of JW Marriott Grosvenor House, a historic hotel on the famed Park Lane in London's Mayfair district, reflecting trust in the UK market as part of Qatar’s £5bn investment plan. The acquisition brings Katara Hospitality’s portfolio of properties in operation…

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Click here to read the full story: The Guardian

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