UAE's Al Habtoor buys London hotel amid global push

Purchase of hotel close to Wembley Stadium brings the total number of overseas hotels to six
UAE's Al Habtoor buys London hotel amid global push
By Staff writer
Mon 01 Feb 2016 01:53 PM

Khalaf Ahmad Al Habtoor, chairman, Al Habtoor Group announced on Monday that he has purchased the Hilton London Wembley in a move to boost the Al Habtoor Group’s international hospitality portfolio.

The purchase brings the total number of hotels in Al Habtoor Investment’s international property portfolio to six.

The group has two Hilton-branded hotels in Lebanon, one in the United States, and two five-star hotels in Hungary.

The Wembley hotel, which first opened in 2012, boasts 361 rooms and suites, an indoor swimming pool, fitness centre complete with sauna and steam rooms. It also features a variety of food and beverage outlets including the Icons Bar, Grill & Terrace, The Associations Restaurant and the Sky Bar 9, a roof top bar.

The Hilton Hotel Wembley overlooks the National Stadium in the heart of Wembley Park, an 85-acre regeneration project involving the development of large-scale retail, residential, offices and entertainment facilities.

Al Habtoor said: “I am delighted with the addition of the Hilton London Wembley. I have been looking at the London market for some time. The hotel is in an ideal location. It is close to the iconic Wembley Stadium, Heathrow Airport and the centre of London.”

In December 2015, Al Habtoor said he had allocated AED2 billion for overseas investments in 2016.

The company recently opened the first hotel in the Al Habtoor City complex – The St Regis Dubai. Two more hotels within the multi-use development will open in the coming months - W Dubai – Al Habtoor City, and The Westin Dubai, Al Habtoor City.

In addition, the Al Habtoor Group is developing a large-scale project in Dubailand – The Al Habtoor Polo Resort & Club, which will see a St Regis as the centrepiece. It is also in the process of developing a new Metropolitan Hotel on Sheikh Zayed Road.

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