Tamraz – Hotels & Real Estate

In the early 1980s, First Arabian Corporation (“FAC”, created and led by Roger Edward Tamraz) became 100% owner of the Meurice Hotel Group in Paris, which owned the Meurice, Prince de Galles and Grand Hotels, as well as the famed Café de la Paix.

At the time, the 1,000 rooms of these three hotels comprised 25% of all the luxury hotel rooms in Paris. The properties were sold to Grand Metropolitan Hotel Corporation of London in the mid-1980s.

26 Champs Elysées real estate development and shopping arcade. London real estate – Wilton Crescent and others in Mayfair area. Other prestigious properties in New York, Paris, London, Marbella, Dubai and elsewhere.

The development included the 26 Champs Elysées real estate project and shopping arcade. London real estate acquisitions included Wilton Crescent and other properties in the Mayfair area. Other prestigious properties were acquired in New York, Paris, London, Marbella, Dubai, and elsewhere.

During this period, FAC actively expanded its portfolio by acquiring and developing real estate in the most prestigious locations around the world. Beyond hotel properties, the company invested in high-end residential and commercial real estate, including notable addresses such as a villa on the French Riviera and a shopping center in central Barcelona. In New York, FAC acquired several historic buildings, including some of Manhattan's most iconic skyscrapers, which solidified its position in the luxury real estate sector. These investments allowed the company to establish itself as a leading player in the elite real estate market, continuing to expand its international presence.