Dubai ruler may buy some of Europe's most famous luxury hotels
Turkish billionaire Ferit Sahenk is reportedly in talks to sell some of Europe's most famous luxury hotels to the investment firm owned by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum. The discussions reportedly involve properties including Italy's Capri Palace, the Aldrovandi Villa Borghese in Rome and Istanbul's Grand Hyatt. Dubai Holding already owns luxury hotel company Jumeirah Group.