Katara Hospitality expands partnership with Accor through signing of First Fairmont & Raffles Lusail Hotel & Residences in Qatar
Katara Hospitality, a leading global hotel owner, developer and operator based in Qatar, announced a new partnership with Accor, a world-leading hospitality group with the two-fold signing of Raffles and Fairmont hotels in Qatar. The management agreement was signed by His Excellency Sheikh Nawaf Bin Jassim Bin Jabor Al-Thani, Chairman of Katara Hospitality and Mr. Sébastien Bazin, Chairman & CEO of Accor.
The agreement consolidates the long-standing partnership between Accor and Katara Hospitality, whom already own several landmark hotels managed by Accor, with the property set to open in 2022. Once completed, the Fairmont Hotel and Raffles Hotel & Residences will join the brand’s worldwide portfolio, known to be the world’s largest collection of historic and iconic hotels.
On this occasion, His Excellency Sheikh Nawaf bin Jassim bin Jabor Al Thani, Chairman, Katara Hospitality said:
“Katara Hospitality is one of the first investors that understood the significance of the project, committing to developing the hospitality icon of Doha for the 21st Century in the State of Qatar. We are confident the ethos of Accor brand is a strategic fit for this iconic project as it is important that we have an operator who understands our vision and strategy, while ensuring it occupies its rightful position in the local and global marketplaces when it opens next year.”
“The world’s most loved cities are often identified through imagery and landmark buildings. We strongly believe the property we are developing will provide Qatar with an architectural symbol that is known and understood right across the globe. Our aim is to create the hospitality icon of the 21st Century that is within one of the world’s most exciting urban developments. Our vision is to set new standards that go beyond the borders of the hospitality industry and provide a landmark location that is instantly recognised internationally,”
Sebastien Bazin, Chairman & CEO of Accor commented:
“We are extremely excited to announce this iconic property and to showcase it on the world stage in the years to come. The arrival of the Raffles and Fairmont brands in Qatar marks an important milestone for Accor, as we endeavour to bring their distinctive levels of quality and luxurious service to residents and travellers alike. We thank Katara, one of our most valued partners, for once again entrusting us with such a unique project, which is set to become a landmark, not only in Qatar, but in the region.”
Symbolically intertwined with Qatar’s heritage, the Iconic Towers in Lusail are an architectural translation of Qatar’s national seal, representing the traditional scimitar swords. Raising gracefully from the podium level, the arched towers will host a luxurious five-star hotel with 361 rooms and suites to cater to discerning business travellers, a lavish six-star hotel with 132 suites to meet the needs of those seeking sophisticated luxury accommodation and 49 branded apartments to become home to permanent residents. State-of-the-art entertainment and recreational facilities, including specialist boutiques, VIP movie theatres, signature restaurants and a private Cigar Lounge are to be complemented by exquisite banqueting and conference spaces, as well as office dedicated areas.
Accor currently operates six properties (1,378 keys) in Qatar across five brands including Movenpick, Mondrian and MGallery, with nine additional hotels (2,920 keys) in the pipeline. Katara Hospitality’s portfolio of operating hotels and those under development has reached 42 assets globally, encompassing over 8,000 rooms, while it aims to reach 60 properties by 2030.