Doha, Qatar 24 September 2014

Katara Hospitality, Qatar’s leading hotel developer, owner and operator, has been named ‘Hospitality Company of the Year’ at the Arabian Business Qatar Awards 2014.

Presented at a ceremony attended by high-level executives in the Qatari business community, the award honours Katara Hospitality’s outstanding performance in the local and international hospitality market over the past year.

“We are delighted to be recognised for the strides we are taking towards achieving our vision of becoming a leading owner, developer, and operator of iconic hotels around the world,” said Chief Executive Officer and Board member of Katara Hospitality. “This tremendous success would not have been possible without the efforts and commitment of our Chairman, Sheikh Nawaf Bin Jassim Bin Jabor Al-Thani, our board of directors and the entire Katara Hospitality team.”

“As Qatar’s flagship hospitality company that is leading the development of the local hospitality sector, our goal is to leave an outstanding legacy for generations to come. We are developing world class hotels in Qatar that are relevant not only for our portfolio, but emblematic for the country as well.”

Katara Hospitality’s contributions to the hospitality landscape have been recognised on a global scale over the past year.

Last November, Katara Hospitality was named the World’s Leading Hospitality Company at the prestigious 2013 World Travel Awards, beating stiff competition from global hotel companies. In May 2014, World Travel Awards again recognised Katara Hospitality as the Middle East’s Leading Hospitality Development Company. Most recently, Katara Hospitality was announced the winner of the 2014 Hospitality Enterprise Agility Achiever award at the inaugural Qatar Enterprise Agility Awards: Entrepreneur of the Year which took place earlier this month.

These awards capped off a run of prestigious accolades and rankings for Katara Hospitality properties, including the Tourism for Italy award for the Excelsior Hotel Gallia, a Luxury Collection Hotel, Milan, the ‘Palace Distinction’ for the Le Royal Monceau – Raffles Paris and the ULTRA Best Hotel in Asia award for the Raffles Hotel Singapore.

Katara Hospitality currently has 28 properties in operation or under development, with more than 6,000 rooms. Earlier this year, the company acquired five iconic properties in key European cities – the InterContinental Carlton Cannes, the InterContinental Amstel Amsterdam, the InterContinental Madrid, the InterContinental Frankfurt, and the leasehold interest in the InterContinental De La Ville Rome. In August, Katara Hospitality announced the opening of the spectacular Peninsula Paris, following an extensive four-year restoration.