Arab investor buys luxury hotel in Azerbaijan's capital

Arab investor buys luxury hotel in Azerbaijan's capital

A Kuwaiti investor bought the luxury hotel Monolit Plaza in Baku, Azerbaijan, Trend reported citing a source familiar with the situation.

The source noted that soon the hotel's name could be changed.

The same investor plans to build a new hotel and a shopping center in Gabala, and also rented a plot of land in Baku, according to the source.

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