qatar investment authority
Smeralda Holding Partners With LVMH Hospitality for Romazzino & Pitrizza Hotels
Smeralda Holding S.r.l. | February 14, 2023
PORTO CERVO, Italy--Sardegna Resorts S.r.l., a Smeralda Holding Company wholly-owned by Qatar Investment Authority (“QIA”), has signed agreements with LVMH Hospitality Excellence, to manage two of the most renowned and exclusive hotels in Costa Smeralda. LVMH Hospitality Excellence belongs to the world’s leading luxury group LVMH Moët Hennessy -Louis Vuitton. The LVMH brand Belmond will manage the Hotel Romazzino, which will open for the 2024 season as the “Romazzino, A Belmond Hotel, Costa Smeralda.” The Hotel Pitrizza will be managed by the LVMH brand Cheval Blanc. The hotel will continue to operate under its current nam...
Marriott Completes Sale of The St. Regis San Francisco to Qatar Investment Authority for $175 million
Marriott International | December 1, 2016
Marriott to retain long-term management agreement Marriott International, Inc. (NASDAQ: MAR) today announced it has completed the sale of The St. Regis San Francisco hotel for approximately $175 million to Qatar Investment Authority (QIA). Marriott will continue to manage the hotel under a long-term management contract. "We have a strong and successful partnership with QIA and we are thrilled that this iconic hotel will expand QIA's collection of Marriott-branded hotels to the U.S.," said Arne Sorenson, Marriott International's president and chief executive officer. "This hotel will remain a flagship for the St. Regis brand, a jewel in ...
