Katara wins Arabian Business Qatar Award

Qatar-based hotel developer Katara Hospitality has been recognised for its performance both at home and internationally with a prestigious business award.

The company was named ‘Hospitality Company of the Year’ at the Arabian Business Qatar Awards 2014 last week.

"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 Katara Hospitality CEO and board member Hamad Abdulla Al-Mulla.

---READ OUR INTERVIEW WITH KATARA HOSPITALITY CEO HAMAD ABDULLA AL-MULLA--

"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 currently has 28 properties in operation or under development, with more than 6000 rooms.

It acquired five well-known properties in key European cities earlier this year, including the InterContinental Carlton Cannes, the InterContinental Amstel Amsterdam and the InterContinental Madrid.

In August, Katara reopened the Peninsula Paris, following an extensive four-year restoration project.