Bloomberg News

Qatar, Abu Dhabi Bidding for 42 U.K. Marriott Hotels, Times Says

July 08, 2012

The Qatar Investment Authority and Abu Dhabi Investment Authority are bidding to buy 42 Marriott International Inc. hotels in England, the Sunday Times said, without saying where it obtained the information.

The sale is being administered by Royal Bank of Scotland Group Plc and may yield as much as 700 million pounds ($1.08 billion), the newspaper said.

To contact the reporter on this story: Makiko Kitamura in London at mkitamura1@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net


Too Cool for Crisis Management
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus