Sultan of Brunei Making Bid for Plaza Hotel and Grosvenor House
The Sultan of Brunei is reportedly preparing a bid for New York’s Plaza and Dreamhotel Downtown hotels as well as the Grosvenor House Hotel in London, the Times of London reported. The properties are all controlled by a jailed Indian industrialist.
Sultan Hassanal Bolkiah currently owns several luxury hotels through his Dorchester Group including the Beverly Hills Hotel. These properties have come under fire recently following the enactment of harsh new laws in the southeast Asian country that call for punishing abortions, adultery, and same-sex relationships with flogging and stoning.
The hotels are currently owned by Sahara Group, whose CEO, Subrata Roy, is in jail facing civil and criminal charges in New Delhi following allegations of unpaid debts to the company’s bondholders. The sale is part of an effort to pay a $1.6 billion bail bond for Roy.
The Plaza Hotel first opened in 1907 and extends along Central Park South in Manhattan. It is operated by Fairmont Hotels and Resorts and is well known as the setting for Eloise, a series of children’s books from the 1950s about a young girl who lived in the hotel.
Grosvenor House on Park Lane in London was built after the First World War is managed by Marriott International as a JW Marriott property. The Dreamhotel Downtown was built for the National Maritime Union of America in the 1960s, which explained its prominent porthole-as-window design. It later became the Maritime Hotel and underwent renovations in 2011 to become the Dreamhotel.
(Photo: Accura Media Group)