Barclay brothers eye up Paris Ritz
10 December 2001 by Ben Walker
The Barclay brothers, owners of the Ritz hotel in London, have reportedly held talks with Harrods boss Mohammed Al Fayed in a bid to buy the Paris Ritz from him. It is understood the billionaire twins would like to reunite the two hotels, founded by C‚zar Ritz in the 1900s.
A spokeswoman for the London Ritz described the reports as "speculative".
A spokesman for Al Fayed said: "The Ritz is not for sale to the Barclay brothers or anyone, nor will it ever be. It will always remain in family ownership."
The Barclay brothers bought the 131-bedroom London Ritz six years ago.
