Qatar, Abu Dhabi bidding for 42 UK Marriott Hotels
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Mon July 9, 2012 10:48 am

INTERNATIONAL. The Qatar Investment Authority and Abu Dhabi Investment Authority are bidding to buy 42 Marriott International Inc. hotels in England, the Sunday Times said, without saying where it obtained the information.

The sale is being administered by Royal Bank of Scotland Group Plc and may yield as much as 700 million pounds (US$1.08 billion), the newspaper said.



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UAE. The general trend for Abu Dhabi's hospitality market has been positive growth of tourism demand being offset by a decline in corporate demand and new supply completions.
date:Posted: October 19, 2016
INTERNATIONAL. Global medtech revenue in 2015 decreased 1.2% to US$337b, while net income dipped 15.5% to US$14b; Mergers and acquisitions increased 27% to US$80b in the 12 months ending 30 June 2016.
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INTERNATIONAL. Largest quarterly increase for 18 months; Optimism driven by confidence in job security, up 6% since Q2, according to the latest Consumer Tracker from Deloitte.
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