Reliance Industries Buys Majority Stake in NY Mandarin Oriental Hotel from ICD

Posted on 01/09/2022

The Mandarin Oriental hotel in New York opened in 2003 and is located near Central Park. Mukesh Ambani’s Reliance Industries agreed to pay US$ 98 million for a controlling ownership position in the hotel from the Investment Corporation of Dubai (ICD). Investment Corporation of Dubai has been the majority owner of the hotel since 2015. […]

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