Qatar investment firm Al Faisal Holding acquired Miami hotel for $213 million
Al Rayyan Tourism Investment Company, a subsidiary of Qatari investment firm Al Faisal Holding, just acquired the St. Regis Bal Harbour Resort in Miami Florida for $213 million.
The 27-story oceanfront property features 207 rooms and is managed by Starwood Hotels & Resorts. Al Rayyan Tourism Investment Company has portfolio of more than 25 hotels in different locations worldwide and is currently studying other investment opportunities in the US as part of efforts to build a global portfolio of branded hotels.
To see listing and contact emails of Qatari investors similar to Al Faisal Holding, check the 2014 edition of Middle East Investors Directory
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