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Qatar Air buys Sheraton hotel at Heathrow

Published Wed, Mar 11, 2015 · 09:50 PM

Dubai

QATAR Airways bought the Sheraton Skyline Hotel at London Heathrow's airport in a first foray into lodgings outside the Gulf, and said it's planning to add further properties in the UK and North America.

The deal follows a string of Qatari investments in the UK that includes a 20 per cent stake in Heathrow held by the state's sovereign wealth fund and Qatar Air's purchase of 9.99 per cent of IAG SA, owner of British Airways, the hub's top carrier.

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