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Stibbe advises on the acquisition of an Intercontinental hotel portfolio including the landmark Amstel Hotel in Amsterdam

Stibbe advises on the acquisition of an Intercontinental hotel portfolio including the landmark Amstel Hotel in Amsterdam

27.06.2014 NL law

Stibbe advised, together with White & Case LLP, Katara Hospitality QSA (a subsidiary of the Qatar Investment Authority), the Qatar-based global owner, developer and operator of hotels, on the acquisition of five luxury InterContinental properties in key European cities. Katara Hospitality has acquired a Dutch company owning the InterContinental Amstel Amsterdam, InterContinental Carlton Cannes, InterContinental Madrid, InterContinental Frankfurt and the leasehold interest on the InterContinental De La Ville Rome from a Netherlands-based private investor. The company now has a global portfolio of 32 hotels operational or under development, with properties or projects in 14 countries and a total of more than 7,100 rooms currently in use or under development.

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