Qatar has a global portfolio of tourism investments in all parts of the world
5.8 million tourists this year… and Doha is a leading tourist destination
During its journey, Hamad International Airport was able to take the lead among the world’s airports
Katara Hospitality plays a pioneering and important role in developing strategic development
Qatari tourism has achieved remarkable achievements over the past years, thanks to the efforts made by the state to improve the tourism product and encourage domestic tourism for citizens and residents, in addition to attracting tourism from abroad and increasing the number of tourists, attracting about 5.8 million tourists this year. Estimates indicate that investment in the tourism sector will grow to $4 billion by 2028, with the tourism sector’s share in the gross domestic product reaching $36.57 billion.
Investment environment
The State of Qatar provides a flexible investment environment for those wishing to invest in the tourism and hotel sectors, in addition to a package of incentives that include: advanced infrastructure and a high rate of tourism spending as a result of the growth of the per capita share of the gross domestic product, as well as the possibility of allocating land to practice tourism activities under long-term contracts, and tax exemption. On income for a period of up to 10 years in some sectors, and granting permission to import necessary materials for investment projects, in addition to an exemption from customs duties imposed on machinery required for investment projects, and allowing the transfer of investment revenues or proceeds without any obstacles and in any currency.
A global portfolio of the hotel and hospitality sector
Qatar has a global portfolio of tourism investments in parts of the world that includes international hotels. Katara Hospitality, formerly known as Qatar National Hotels, was established in 1970 by the Qatari government and has since adopted a pioneering approach to developing the hospitality scene in the country.
The company was renamed in 2012 as Katara Hospitality to reflect the company’s heritage and international expansion plans. Katara Hospitality aims to develop a portfolio of unique properties that celebrate hospitality icons around the world.
The company’s journey over the years has witnessed a series of first steps since its inception to manage the Gulf Hotel – now the Gulf Marriott Hotel in Doha – the first five-star hotel in the country.
With the opening of the Sheraton Doha Resort and Conference Hotel in 1982, the company introduced the first Qatari hotel with an international brand. Katara Hospitality’s portfolio includes a unique collection of sparkling edifices in distinguished, prestigious locations in the State of Qatar, and beyond. You have reached maximum levels of cash flow generated by assets, and invest wisely to ensure that these assets continue to meet the demands of a highly competitive market.
The company’s portfolio currently includes in Qatar: Marriott Gulf Hotel Doha, The Ritz-Carlton – Doha, Mövenpick Hotel Doha, Fareej Sharq Hotel & Resort, Sheraton Doha Resort & Convention Centre, Somerset West Bay Doha, Sealine Beach Resort by Murwab Resorts, Simaisma Resort by Murwab Resorts. , The Avenue – a Murwab Hotel, Al Bait Hotel Apartments Managed by a Murwab, The West House Hotel and Apartments, Katara Lusail Marina Towers and its hotels, City Gate Hotel, Jouri Hotel by Murwab Hotels, Al Messila Luxury Collection Resort & Spa, Rixos Qetaifan Island North Resort, Beach Resort Salwa.
Katara Hospitality plays an important role in developing the strategic development witnessed by the State of Qatar, and as the leading institution for the hospitality sector in the country, we invest in the best international hotels ever, in order to restore their former glory, while we often add our special touches that make them more attractive and unforgettable. since when.
The company’s portfolio currently includes international hotels, including: Plaza Hotel managed by Fairmont, Grosvenor House, managed by JW Marriott, Le Royal Monceau – Raffles Paris, Buddha-Bar Hotel Paris, Peninsula Hotel Paris, InterContinental Carlton Cannes Hotel, InterContinental Hotel Amstel Amsterdam, InterContinental Hotel Madrid, Excelsior Hotel Gallia – a Luxury Collection Milan, The Westin Excelsior Rome, The Savoy Managed by Fairmont, Hotel Schweizerhof Bern, Renaissance Sharm El Sheikh Golden View Beach Hotel, Shiva-Som Resort, Raffles Hotel Singapore, Royal Savoy Lausanne, Adria Hotel London , The Taverne 1879 Bürgenstock Hotel & Resort, Palace Hotel & Conference Center Lake Lucerne, Bürgenstock Hotel & Alpine Resort – Lake Lucerne, Hotel Apartments at Bürgenstock Resort – Lake Lucerne, Grosvenor House London, managed by JW Marriott. A report by Al Asmakh Real Estate Projects Company confirms that plans are continuing to build facilities that are consistent with the Qatari interest in developing the tourism and hotels sector.
The report adds: Strategic projects such as the expansion of Hamad International Airport and Hamad Port, in addition to railway projects and road infrastructure development, in addition to hosting global events, will be the primary driver for the growth of the construction sector. These strategic projects will also contribute to the recovery of the retail and hospitality sector in the future when they are completed.
The report indicated that there are a number of hospitality sector projects distributed between 4- and 5-star hotels and resorts that are currently being built in Qatar and are in various stages of construction. A number of them were opened in the past two years, adding thousands of rooms to the Qatari hospitality sector, in addition to establishing a number Among the entertainment facilities that will give good impetus to the work of these facilities.
The report pointed out that according to international studies, the number of 3-, 4- and 5-star hotel rooms in Qatar will grow significantly with the completion of the construction of new hotels, some of which are in their final stages.
The Al Asmakh Real Estate Projects Company report said: Investment plans in the 2022 World Cup projects, in addition to other sporting events following the tournament, have given great impetus to the Qatari hospitality sector, as well as keeping up with the needs of hosting major events after the World Cup.
The Al Asmakh Real Estate Projects Company report said: Plans are continuing to build facilities that are consistent with the Qatari interest in developing the tourism and hotels sector. The report added: Strategic projects such as the expansion of Hamad International Airport and Hamad Port, in addition to railway projects and road infrastructure development, in addition to hosting international events, will be the primary driver of growth in the construction sector. These strategic projects will also contribute to the recovery of the retail and hospitality sector in the future when they are completed.
The report explained that the hospitality sector will benefit from all the events that the country will host, in addition to the fact that Qatar has become a more popular travel destination with the successful hosting of the 2022 World Cup. On the other hand, Hamad International Airport is witnessing ambitious plans and a distinguished journey, until it has become a destination for travelers throughout the world, and during this journey it has been able to occupy the forefront of the world’s airports. With the implementation of expansion plans, the capacity will become more than 60 million passengers annually, and up to 5 million tons annually for the cargo station.
Expansion of the passenger terminal
The expansion of the passenger terminal is integrated with the existing terminal so that passengers can move seamlessly from one area to another. Therefore, Hamad International Airport continues to operate within one large, spacious building
The expansion includes a new transfer area that helps reduce the expected travel time for passengers from one area to another and improves the overall transfer experience at Hamad International Airport. The expansion was designed to reduce the time spent traveling within the airport building and provide an easy and clear way for passengers to find the correct route.
The expansion work included an indoor tropical garden with an area of 7,000 square metres, and a water surface with an area of 268 square metres. This park and water body represent the main part of the expansion project, which Hamad International Airport aims to be a central station for all travelers. The strategic design of the project allows trees and plants to adapt to internal conditions and grow throughout the duration of the airport’s operation. The designers developed an 85-meter-long, column-free grid roof equipped with multi-functional glass to purify light and control its amount, helping the garden’s trees adapt to the interior atmosphere of the building and grow permanently inside the airport.