In this file photo taken December 17, 2012 people walk past the Ritz hotel in central London. The London Ritz, a famous luxury hotel, was sold to an investor in Qatar by the wealthy Barclay brothers who are tearing themselves apart around this sale, for close to £800 million. — AFP pic
“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. “Once this pandemic has passed, we look forward to re-opening the hotel and to sharing our longer-term plans,” the statement added.The 18th century hotel overlooks Green Park in central London close to Buckingham Palace, home to Queen Elizabeth II.
aa very bad investment !!
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