Habtoor Group eyes hotels in Europe

26 January 2010

Rothschild has been asked by Dubai-based Habtoor Group to identify five-star hotel targets in Europe, taking advantage of lower prices in the wake of the financial crisis, Reuters has reported. 'We talked with Rothschild bank... about investment in Europe and especially in London and Paris for hotels if there is anything they can find so they are looking for us,' the group's Chairman, Khalaf al-Habtoor told the news service.

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