Middle East Hotel and Tourism Investors

European hotel transaction volume reached a new peak in 2013, with Middle East investors now making up to 30% of transaction volume compared to only 12% one year ago.

The European hotel transaction volume by Middle East investors has grown in absolute terms from €646 million to €2.3 billion - according to the "2013 European Hotel Transactions Report" by HVS London. Investors from the Middle East are looking to diversify their holdings and to invest in more stable markets than some of those closer to home, which should continue to drive interest in key European markets, the report says.

To see listing and contact emails of investors from the Middle East, check our recently updated Middle East Investors Directory

More details follows

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

More details follows