Qatar Plans Harrods Hotels in Malaysia, New York, Paris | bloomberg.com

Qatar Holding LLC, the investment arm of the country’s sovereign-wealth fund, plans to open Harrods hotels in cities including London, New York and Paris to build the British luxury retailer it bought two years ago into a global brand. “We have already decided to build a Harrods Hotel in London, one in Kuala Lumpur and one in Sardinia, Italy,” Qatar Holding Vice Chairman Hussain Ali Al-Abdulla told reporters in the Malaysian capital today.