Singapore's inconic Raffles Hotel sold to Qatar group

ArabianBusiness.com, 9 Jan 2012
Qatar Nationals Hotels Company (QNH) said on Monday it has taken over the ownership of two iconic Raffles properties in Singapore and Paris.
Raffles Singapore was the first hotel to operate under the Raffles Hotels & Resorts brand.
Named after the founder of modern Singapore, the hotel carries more than a century of history.
"Adding these iconic properties to our portfolio represents consistent steps of QNH's strategic expansion at the international level," said Hamad Abdulla Al Mulla, CEO of QNH. Full story