Qatar Fund Buys Sahara-owned Plaza Hotel in New York for Rs 4125 crore ($600 million)
␥ Deal Details of The Plaza Hotel
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Qatar Investment Authority |
- Qatar-owned Katara Holding buys iconic building of New York and Sahara Group's famous "The Plaza Hotel" for Rs.4125 crore according to media report.
- Qatar government already owns iconic hotels like "The Savoy" and "The Connaught" in London.
- Subrata Roy Sahara India Pariwar 75% share and New York real-estate investor Ashkenazy Acquisition Corp. and their partner Saudi Prince al-Waleed bin Talal were 25% Share of this hotel.
␥ The Plaza Hotel, New York
- This is world's iconic and luxurious, 111 years oldest hotel.
- This opened in 1907.
- It have 282 rooms include 102 suite rooms in New York.
- It charges around 34 lakes Indian rupees for one luxury suite.
- Donald Trump's marriage happened here.
- American President Donald Trump had compared it with famous panting of Monalisa.
- Many Hollywood movies has shooted here such as
1. North by Northwest (1959),
2. Barefoot in the Park (1967),
3. Plaza Suite (1971),
4. Funny Girl (1968),
5. Arthur (1981),
6. Love at First Bite (1979),
7. They All Laughed (1981),
8. The Cotton Club (1984),
9. The Way We Were (1973),
10. King of New York (1990),
11. Big Business (1988),
12. Scent of a Woman (1991).
- Donald Trump also brought The Plaza to Westin for $300 million on March 27, 1988, but lost it in a bankruptcy.
- The Plaza Hotel is the only hotel listed on the National Register of Historic Places.
- The Plaza was owned by Conrad Hilton (Founder of Hilton Hotels Chain) in past time.
- Books on The Plaza Hotel
- At the Plaza: An Illustrated History of the World's Most Famous Hotel Book by Curtis Gathje
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Starring the Plaza: Hollywood, Broadway, and High Society Visit the World's Favorite Hotel Book by Patty Farmer |
␥ Qatar Investment Authority (QIA)
- Qater is tiny gulf nation, the world's largest exporter of LPG.
- It is Qatar government-owned investment Organization which invest in Hospitality Sector for Future planning of Economic of Country wants to remove in dependence upon Oil and Gas Sector.
- It is founded in 2005 and headquarter in Doha, Qatar.
- www.qia.qa
␥ Sahara India Pariwar
- Sahara India Pariwar is India base multi-industry company and its subsidiaries power, electronics & computers, real state etc.
- Headquarter in Lucknow.
- Founder is Subrat Roy.
- Founded at Gorakhpur in 1978.
- Sahara buys its stake in 2012 in a deal that valued the property at about $575 million.
- http://www.sahara.in/
- Books Written By SUBRATA ROY
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Sahara : The Untold Story 2014 
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