Qatari group acquires the Boscolo Aleph Hotel in Rome, Italy
Qatar’s Al Rayyan Tourism and Investment, also known as ARTIC, announced its acquisition of the five-star Boscolo Aleph Hotel in Rome, Italy. The Boscolo Aleph Hotel in Rome is ARTIC’s latest luxury hotel acquisition, growing its portfolio to 24 properties across Europe, the Middle East, Africa and North America.
The company, the international hospitality subsidiary of Al Faisal Holding Company, said the deal is part of the its expansion strategy “focused on high quality assets in prime city centre and resort locations”.The company, which also said it had “medium-term” plans to float on an international stock exchange, did not give a value for the acquisition of the hotel.
Located just 100 metres from Via Veneto, the 6,500 square metre hotel comprises 96 rooms and suites over six floors, a roof garden, spa and a range of hospitality and dining facilities.