MBI International

MBI International News & Press: 01/11/2002

The Grand Hotel Wien - A Historic Acquisition

In the most significant single asset transaction to have taken place in Europe so far during 2002, JJW Hotels and Resorts announced on 1 August the purchase of the famous ANA Grand Hotel in Vienna, Austria from All Nipon Airways.

This five-star deluxe hotel now returns to its original name, the Grand Hotel Wien and will be managed by JJW Hotels & Resorts while maintaining an agreement with ANA Hotels for sales and marketing services.

The hotel is recognised as being amongst the most luxurious in all of Europe and enjoys a prime location in the centre of Vienna on Kärntner Ring, adjacent to Ringstrassen Galerien and a short walk from the Vienna State Opera.

It was first opened in 1870 but closed as a hotel in 1958. In 1994 it was reopened by All Nippon Airways following a complete redevelopment and retaining only its historic façade.

The sumptuous public areas and 205 guest rooms and suites are decorated in classic Viennese style and the property is equipped throughout with state-of-the-art technology.

The Grand is a landmark in the city of Vienna but it is also highly regarded for its fine dining. The Unkai Japanese restaurant is one of the best of its kind in the city and the international gourmet restaurant Le Ciel, on the top floor, is a fashionable Vienna rendez-vouz with a roof garden.

MBI & Partners UK Limited

Mohamed Bin Issa Al Jaber is the founder, Chairman & CEO of MBI International, a group of companies with an asset value in excess of USD 9 billion which operates across Europe, the Middle East and the United States. Over the past twenty five years, MBI Al Jaber's businesses have grown into major international concerns.

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