Katara Hospitality recently announced that it will achieve its goal of 30 hotels in operation or under development by 2016 two years ahead of schedule.
Over the past year, Katara Hospitality has added six international properties. In June, the company acquired five properties in Europe adding InterContinental Carlton Cannes, InterContinental Amstel Amsterdam, InterContinental Madrid, InterContinental Frankfurt and leasehold interest in InterContinental De La Ville Rome.
HE Sheikh Nawaf Bin Jassim Bin Jabor Al-Thani, chairman of Katara Hospitality, said: “Katara Hospitality is now focusing on its next strategic target of expanding its portfolio of iconic hotels to 60 properties by 2026.”
Some of its properties that opened last year include the Sheraton Doha Resort & Convention Hotel which re-opened in November; the Excelsior Hotel Gallia had its soft opening in December. The project will officially reopen in February 2015, once the full four-year renovation is completed by renowned Milanese architect Marco Piva.