Qatar Investment Authority, owner of the upmarket department store, says it will launch hospitality chains in cities such as Kuala Lumpur, New York and London, as well as China.

This article titled “Harrods owner plans luxury hotel chain” was written by Lisa O'Carroll, for The Guardian on Tuesday 3rd July 2012 15.40 UTC

The Qatari owner of Harrods plans to take the department store brand global by building upmarket hotels bearing its name in cities around the world, including one Chelsea Barracks in London.

Qatar Holding, part of the emirate's sovereign wealth fund, announced it was diversifying into hospitality as part of a grand plan to make Harrods a global luxury brand.

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