BRITAIN-QATAR-HOTELS-RITZ-SALE
The Ritz hotel, currently closed down due to the COVID-19 pandemic, is pictured in central London on May 18, 2020. - Luxury London hotel The Ritz, currently shut owing to the coronavirus outbreak, has been sold to a Qatari buyer, lawyers overseeing the deal have confirmed, for reportedly just under $1.0 billion. "It is a privilege to become the owner of the iconic Ritz Hotel and have the opportunity to build on its innate style and grand traditions," the unnamed buyer said a statement issued by law firm Macfarlanes. "During this COVID-19 crisis, our first priority is towards the staff of The Ritz, who together are the essence of The Ritz's 115-year-old reputation. (Photo by Tolga AKMEN / AFP) (Photo by TOLGA AKMEN/AFP via Getty Images)
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1213457023
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AFP
Date created:
18 May, 2020
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