Who Owns the Carlton Hotel Monaco and Why Was It Sold Recently?
The Carlton Hotel Monaco, a luxurious five-star hotel located in the heart of Monaco, underwent a recent ownership change. Previously owned by the Société des Bains de Mer (SBM), the hotel was acquired by the Qatari real estate company Al Thani Group in March 2023.
The sale was reportedly motivated by SBM's desire to streamline its operations and focus on its core casino and hospitality businesses. Al Thani Group, known for its extensive portfolio of high-end properties worldwide, expressed an interest in expanding its presence in the luxury hotel market.
The Carlton Hotel Monaco has long been a landmark destination, hosting celebrities, royalty, and discerning travelers. Its opulent interiors, renowned dining establishments, and prime location overlooking the Mediterranean Sea make it a highly desirable asset.
The sale of the Carlton Hotel Monaco is a significant event in the Monaco real estate market and reflects the continuing appeal of luxury properties in the principality.
Related Questions:
- Who previously owned the Carlton Hotel Monaco?
- Why was the hotel sold?
- Who is the new owner of the property?
- What is the Qatari real estate company Al Thani Group known for?
- What makes the Carlton Hotel Monaco a highly desirable property?
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