It has been reported that one of the world's most popular luxe department stores, Harrods, will soon be developing a hotel in Manhattan, let alone other prime locations around the world. The chairman of the company’s executive board, Ahmad Al-Sayed, stated, “Everything is for discussion, and we are studying different ways of expansion.”
In July last year, the Doha-based fund announced plans to build a series of luxury hotels bearing the Harrods name in a host of cities around the world.
The Harrods store will not be erected, but he did hint about the probability of NYC topping the list of prime cities which are being considered for the location of this forthcoming hotel building.
The Harrods Hotel Kuala Lumpur is first one and will feature 250 to 300 hotel rooms across more than 30 floors, with the project also comprising two residential towers with apartments, an office building and a retail podium and is expected to open in 2018.
Having purchased Harrods from the Egyptian Mohamed Al-Fayed in 2010, Qatar Holdings have since pledged to turn the already world famous brand into a “global enterprise that defines the luxury retail and leisure sectors”.
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