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The Barclay Family Sells the Ritz Hotel in London to a Qatari Investor

The transaction price and identity of the buyer have not been disclosed by Macfarlanes law firm, the legal counsel for the iconic family.

Hotel Ritz de Londres Fuente Ritz 2
The Ritz Hotel in London. Source: Ritz.

A Qatari investor has purchased the Ritz Hotel in London, one of the capital’s most coveted properties. The deal has further increased tension within the billionaire Barclay family, according to The Financial Times.

The transaction, which was made public on Friday 27 March, was completed on the same day that the hotel closed its doors for the first time in 113 years, as the coronavirus crisis forced a period of quarantine to begin in London with the resulting closure of all hotels.

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