Qatar royal investor buys hotel in Turkey for $15 million
A Qatar royal family member has bought a five-star hotel in the Turkish town of Marmaris on the southwestern province of Mugla for $15 million - reports Trade Arbia.
Al-Maselah Construction and Industry Company, owned by Qatar's Amir Sheikh Ahmad Ali al-Thani, has bought the Munamar Hotel in Icmeler hamlet in Marmaris. Munamar Hotel has totally 180 rooms including 13 suites and 2 king suites, the report said, adding the restoration will be launched at the end of the month.
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January 31, 2010 |
Filed under Middle Eastern Real Estate Investors
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