Al Faisal Holding Company of Qatar acquires London’s W Hotel for close to £200 million
London – September 21, 2011: Al Faisal Holding Company LLC, one of Qatar’s largest private diversified industry groups, through its subsidiary Al Rayan Tourism & Investment Company (“ARTIC”), has exchanged contracts with Northern Irish developer McAleer&Rushe to acquire the W London Hotel, Leicester Square for close to £200 million, making this one of the most prestigious hotel transactions of the year.