Katara Hospitality reported a successful 2015 backed by investment and development of hotels in key global destinations.
“The year marked achievement of many significant milestones, particularly in hotel development and subsequent opening of landmark properties,” said Katara Hospitality’s chairman, HE Sheikh Nawaf Bin Jassim Bin Jabor Al-Thani. “Our goals bear strong alignment with Katara Hospitality’s vision for strategic growth in Qatar and expansion into new markets beyond our borders such that as we enter 2016.”
During the year, Katara Hospitality witnessed opening of Excelsior Gallia in Milan, as well as the Royal Savoy Lausanne. Both properties had recently undergone a renovation and redesign, restoring their heritage and historic landmark status before reopening. The acquisition of Westin Excelsior Rome from Starwood Hotels & Resorts Inc, marked Katara Hospitality’s third hotel in the Italian market, bringing Katara Hospitality’s worldwide property portfolio to 35 properties.
In Qatar, Sealine Beach Resort and Ritz-Carlton Doha are undergoing massive renovations. Owned by Katara Hospitality and managed by Murwab Hotel Group, Sealine Beach Resort’s extensive enhancements will be completed in 2016. This will include an entirely new wing with an additional 20 villas and room upgrades. The Ritz-Carlton Doha’s property-wide renovations will unveil fully transformed guestrooms, modernized spa and VIP club lounge. The two-phase renovation project is expected to be complete in mid-2017.
The Murwab Hotel Group, Katara Hospitality’s standalone operating arm manages a collection of international upscale boutique hotels and brands. The Group is a rapidly growing hotel-management company, with six Qatar-based projects in its pipeline. Two of these projects include Sealine Beach Resort currently under renovation, which will be rebranded to Sealine, a Murwab Resort while the recently opened Saraya Corniche Hotel is operated under Murwab Hotel Group.
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