Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Qatar National Hotels Rebranded to Katara Hospitality  Join our daily free Newsletter

MENAFN - Qatar News Agency - 01/05/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093508914 Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093508914 Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - Qatar News Agency) Qatar National Hotels Company (QNH) has renamed its brand to Katara Hospitality, it was announced in this year's Arabian Travel Market, currently held in Dubai.

HE Sheikh Nawaf bin Jassim bin Jabor Al Thani, Katara Hospitality Chairman, made the announcement in a press conference earlier on Monday morning, on the sidelines of the event staged in Dubai's International Convention and Exhibition Center (DICEC).

Reviving the name of Katara reflects the rich cultural heritage of Qatar, honors the historical roots of the country, and points to Qatar's "well-known identity beyond the territorial boundaries since ancient times," HE noted.

HE highlighted the growth the Qatari tourism sector has recently witnessed, citing statistics about the number of tourists visiting Qatar and the number of hotels in the country.

"Hotel occupancy rate increased in Qatar in 2011 by 70 %, while more than 1.5 million tourists visited the country," HE told Qatar News Agency (QNA).

HE added that, in 2006, Katara Hospitality owned eight hotels in and out of Qatar, while now it has 24 hotels, with more nine currently under study and design.

HE noted that Katara Hospitality aims to have 60 hotels all over the world by 2030, saying that it currently owns 5300 hotel rooms.

"We have short-and long-term strategies and you will see in the near future that we are expanding quickly," HE said.

 






  MENA News Headlines
May 21 2013Air Arabia secures USD350m financing to buy 10 Airbus A320 planes ,MENAFN
(MENAFN) Sharjah-based Air Arabia stated that it has inked a USD350 million financing deal with two GCC banks to fund the purchase of new planes, reported Arabian Business. The low-cost airline ...

May 21 2013Qatar's Msheireb Properties grants Downtown Doha Phase 3 contract ,MENAFN
(MENAFN) Msheireb Properties CEO, Abdulla Hassan Al-Mehshadi, announced that the company has granted a construction contract worth USD690 million for Phase 3 of its Msheireb Downtown Doha project, ...

May 21 2013First Staybridge Suites in Jeddah by IHG ,MENAFN
(MENAFN) InterContinental Hotels Group (IHG) has agreed with Dyafah Al Mutahida to launch Staybridge Suites in Jeddah, reported Arabian Business. The project will be the first of its kind to open ...

May 21 2013Trade between Saudi, Malaysia at USD3.99b ,MENAFN
(MENAFN) The Consulate General of Malaysia Commercial section in alliance with Council of Saudi Chambers (CSC) and Jeddah Chamber of Commerce (JCCI) businessmen and their Malaysian counterparts in ...

May 21 2013Damac invests USD100m in Baghdad's Princess Tower ,MENAFN
(MENAFN) After years of announcing its intentions to expand into Iraq, Damac Properties has already started constructing the company's first residential complex in the country, reported Arabian ...

May 21 2013Chinese PM vows to open up markets to India ,AFP
(MENAFN - AFP) Visiting Chinese Premier Li Keqiang pledged on Tuesday to open up domestic markets to Indian businesses and narrow a gaping trade deficit between the two countries. "As for Indian ...

May 21 2013Carlos Slim company to buy US mobile phone firm ,AFP
(MENAFN - AFP) Mexican phone giant America Movil, owned by billionaire Carlos Slim, announced Monday that its US unit reached a deal to acquire US mobile phone company Start Wireless Group. The ...

May 21 2013Tumblr deal sparks talk on next big tech target ,AFP
(MENAFN - AFP) The billion-dollar deal for Tumblr has stirred talk on the next big acquisition target in the sector, with cash-rich tech giants looking for the next potential star. Yahoo!'s ...

May 21 2013United's Boeing 787s back in skies ,AFP
(MENAFN - AFP) United Airlines resumed Boeing 787 Dreamliner flights Monday after the advanced plane was globally grounded four months ago due to overheated battery incidents. United, the only US ...

May 21 2013Aging Yahoo! faces new Tumblr generation ,AFP
(MENAFN - AFP) Yahoo! is just under two decades old and already showing signs of age. Tumblr, the cool blogging platform, represents a new generation. This split marks both a challenge and an ...

more...


 
MENAFN






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help