ARORA TAKES SOLE OWNERSHIP OF INTERCONTINENTAL HOTEL AT THE O2 

It was reported this week that Arora Group has purchasd a 50% stake in the InterContinental London – The O2 in Greenwich, southeast London, from Queensgate Investments for around £100 million. Queensgate was Arora’s joint venture partner for the 452-room hotel, which opened last December, and the acquisition means that Arora will become the sole owner of the property.

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