Qatar First Bank facilitates a €20 million financing deal for a consortium of Qatari investors acquiring a 10.8% stake in Ennismore, tapping into the growth potential of the post-pandemic lifestyle hospitality market.

Target Information

Ennismore, a prominent player in the lifestyle hospitality sector, is recognized as one of the largest and fastest-growing companies in its industry worldwide. Currently, the company is primarily owned by the international hospitality giant, Accor, with a significant stake held by Sharan Pasricha, the founder of Ennismore. The strategic acquisition of a 10.8% stake in this thriving enterprise represents a lucrative opportunity for investors seeking to capitalize on the burgeoning lifestyle market.

This venture comes at a critical time when the hospitality industry is experiencing improved performance post-pandemic, highlighting the resilience and potential for growth within the lifestyle segment.

Industry Overview in Qatar

Qatar's hospitality industry is on the cusp of significant transformation, characterized by increasing demand for lifestyle and boutique experiences. The country has positioned itself as a premier global tourism desti