Harrods Hotel deal is off


PETALING JAYA: The Harrods Hotel in Kuala Lumpur, planned as one of three in the world, has been scrapped. However, the other components that make up the mixed integrated development will go ahead as planned, according to sources.

It is uncertain why Harrods Hotel was scrapped but sources said the Qataris have decided not to go ahead with their initial plan to locate their first Harrods Hotel in Malaysia, which was announced in 2012. The other planned locations of the “seven-star hotel” are in London and Italy.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , property , Harrods Hotel

   

Next In Business News

China Merchants Bank-backed SPAC files first application under new Hong Kong rules Premium
Asia shares tick higher as spotlight stays on Fed Premium
Poll- Bank Indonesia to hold rates until second half of 2022 despite hawkish Fed Premium
Tech, miners drive Australian shares higher; Rio Tinto drops nearly 2% Premium
Rio Tinto sees soft 2022 iron ore shipments on labour issues, project delays Premium
No new year resolution for out-of-favour copper market Premium
Oil price climbs as supplies expected to remain tight Premium
FTSE 100 hits two-year high as GSK boosts Premium
European shares gain with focus on healthcare M&A, Credit Suisse slips Premium
Naico set to spur aerospace industry ecosystem Premium

Others Also Read


Vouchers