Tuesday, May 12, 2015

Italy like the majors, Katara and Starwood: ready for new … – Il Sole 24 Ore

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This article was published May 12, 2015 at 16:32.
The last change is the 12 May 2015 at 19:13.

The occasion was the official opening of the historic Excelsior Hotel Gallia in Milan, and detected renovated by the group Katara hospitality and managed by the international giant Starwood. “Katara Hospitality is a group specializing in tourism and hotels and we’d like to make other investments in Italy, a beautiful country that
for us is very interesting,” said yesterday the president Sheikh Nawaf Bin Jassim Bin Jabor Al Thani . Next to Gaul, Katara found in Rome the InterContinental De La Ville. “We want to continue to invest and we have not put a cap on our budget – added Al Thani -. We look primarily to the icons of luxury and Italy offers great opportunities. I believe that soon we will announce other operations. Today the Italian market is of great interest. Real estate prices have fallen, but the international tourism market is growing and will rise again. Here we are art, culture, lifestyle and great-known brands in the world. There is also an optimal climate, pleasant for most of the year. We look at all opportunities with a focus on those destinations that combine tourism and business. ” Katara, that within two or three years will see the landing on the Stock Exchange (in Qatar) works alongside the other funds of the Arab country that have invested in Costa Smeralda (conStarwood) and transaction Porta Nuova in Milan.

Katara Hospitality now has 7 hotel investments in Qatar, with approximately 1,800 rooms and 15 facilities worldwide, mostly in Europe, with 3 thousand rooms. In total the group has 34 real estate properties including 13 under development with a target of around 8 thousand rooms, in partnership with the leading hotel management chains. “With the Gaul we made very important investment in a hotel that is an icon of luxury and proposing a formula all’avanguarda in Italy and in Europe – said the Chairman of Katara Hospitality – combining a modern renovation with the historical identity of ‘hotel built in the 30s. “

As noted by Michael Wale, President of Starwood Hotels & amp; Resorts EMEA, will “strengthen our cooperation conKatara in the segment of luxury tourism, and strengthened Starwood’s presence in a country like Italy which has 24 facilities. Italy is therefore country of reference in Europe for Starwood and still grow. ”

The international hotel chain is in fact preparing to launch in Europe and in Italy a wild partnership formula for hoteliers high quality but independent, wishing to be associated with a leading group in the world in the management of the hotel. “We anticipate one svilupo exceptional international tourism in the coming years thanks to the boom in Asia of the new rich and Italy is a favorite destination,” said Wale.

The Gallia has the largest suite only in our country with more than one thousand square meters and a cost of 20 thousand euro a day and the first Shiseido Spa managed by the group in Italy. Also in this case the structure has more than one thousand square meters. Hotel renovated and designed by Marco Piva, it has today 235 rooms and 53 suites, of which five are devoted to many personalities of design and architecture: Vico Magistretti, Gio Ponti, Luigi Caccia Dominioni, Achille Castiglioni and Franco Albini.

Superb, finally, the Murano chandelier thirty meters high in the hotel lobby created by De Majo, the shopping gallery in agreement with the jaws of Via Monte Napoleone, the Maserati for guests and over 500 works of art (sculptures, paintings and photographs) that adorn the interiors of the hotel complex.



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