Qatar Holding seems like making a mark not just on its own soil but also on the world. Fresh reports suggest that they will start by taking their Harrods brand to cities, including Paris and New York, and building a luxury hotel named Kuala Lumpur. The hotel will be built next year and will span across 5.5-acre. The hotel will feature 300 hotel rooms, apartments, and retail space. Apart from properties at Chelsea Barracks in London, and Kuala Lumpur, the company also plans to open a store in China in the future.
The company already has its stronghold in the Brit market with sites such as Chelsea Barracks, the luxury apartment complex at One Hyde Park, the US embassy in Grosvenor Square, and the Olympic Village, which it will take over after the Games under its belt.
[Reuters and Guardian]