These Iconic Hotels Around the World Are Owned by Arab Billionaires
From converted palaces to neo-renaissance skyscrapers, many of the world’s most iconic hotels are today under Arab ownership.
From grand palaces once frequented by European royalty during the height of imperial rule to luxurious mountain resorts nestled in scenic landscapes, and cultural landmarks immortalized in classic films, novels, and historical events---many of the world’s most iconic heritage hotels are now owned by wealthy Arab businessmen.
These individuals, often from the oil-rich Gulf, have not only restored these architectural treasures but also transformed them into symbols of modern luxury. Their investments reflect a growing trend of Arab influence in the global hospitality industry, where heritage and opulence meet to redefine the hotel experience for today’s elite travellers.
Hôtel de Crillon
Owned by: Prince Mutaib bin Abdullah (Saudi Arabia)
Mandarin Oriental, Madrid
Owned by: Olayan Family (Saudi Arabia)
The Ritz, London
📍London, UK
Owned by: Abdulhadi Mana Al-Hajri (Qatar)
Since its 1906 opening, The Ritz has been synonymous with British high society. In 2020, Qatari businessman Abdulhadi Mana Al-Hajri, brother-in-law of Qatar’s Emir, purchased the hotel for GBP 800 million from the Barclay brothers.
Hotel Imperial, Vienna
Owned by: Khalaf Ahmed Abtour (UAE)
Built in Neo-Renaissance style for the Duke of Württemberg, Hotel Imperial quickly became Vienna’s most prestigious hotel. Purchased in 2016 by Emirati businessman Khalaf Ahmed Al Habtoor, the property is famous for its marble halls, grand chandeliers, and its connection to history—Adolf Hitler worked as a day laborer here in his youth.
The Plaza Hotel, New York
Owned by: Katara Hospitality (Qatar)
An architectural icon overlooking Central Park since 1907, The Plaza Hotel became part of Qatar’s Katara Hospitality portfolio in 2018 after a history marked by ownership changes, including a bankrupt tenure under Donald Trump.
The Chedi Andermatt
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Dec 04, 2024
