Qatar's Aamal likely to acquire 50 hotels by 2022

25 January 2012: Doha-based Aamal Company, the tourism, real estate and industrial arm of Al Faisal Holding, plans to acquire 50 hotels around the world over the next 10 years. The company's prospective investments would not be restricted geographically. They would be spread over all regions that present feasible opportunities and a favorable and motivating investment climate. The focus, however, would be on Europe and the US, in addition to the Qatari market.

Source: Zawya