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Qatar firm snaps up Rome historic hotel

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Qatar firm snaps up Rome historic hotel
Qatar’s Katara Hospitality paid €222m for Rome's Westin Excelsior. Photo: Roderik Elme
09:38 CEST+02:00
Qatar’s Katara Hospitality has added to its hotel assets in Italy after buying an iconic hotel in Rome for €222 million from Starwood Hotels & Resorts, it was announced on Wednesday.

As part of the deal, the group will completely renovate The Westin Excelsior, the five-star hotel on the capital’s swanky Via Veneto, over the next five years, Starwood said in a statement.

The hotel, which opened in 1906, has 316 rooms, two restaurants and a bar, an indoor pool and a business centre. It often hosts government delegations and other high-profile guests.

“For more than a century, this legendary hotel has provided exceptional hospitality and hosted dignitaries and celebrities, as well as business and leisure travellers,” Hamad Abdulla Al-Mulla, Chief Executive Officer of Katara Hospitality said in the statement.

“We look forward to making further improvements to The Westin Excelsior Rome and continuing its long-standing tradition of excellence.”

The hotel developer also owns Milan’s Hotel Gallia and Rome’s Intercontinental del la Ville.
 

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