INTERCONTINENTAL BUDAPEST SOLD TO AL HABTOOR

Khalaf Ahmad Al Habtoor has acquired his second hotel in the Hungarian capital, Budapest. The chairman of the Al Habtoor Group purchased the 402-room InterContinental Budapest, on the River Danube, for an undisclosed sum. The UAE businessman acquired his first hotel in the city, the 218-room Le Méridien Budapest, in 2012.

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