Qatar-based hotel developer and operator Katara Hospitality announced that The Peninsula Paris will reopen on Aug. 1 after a restoration.
The Peninsula Paris will become the 14th operational hotel in Katara Hospitality’s portfolio of 26 properties around the world and is located near the Arc De Triomphe and the Champs Elysées.
Katara Hospitality’s 12 operational properties are in Qatar, France, Switzerland, Egypt, Singapore and Thailand. It has another 14 properties under renovation or in development, in seven countries, including Qatar, Switzerland, Italy, Morocco, The Maldives, The Gambia and The Comoros.
The company plans to have 30 properties in its portfolio by 2016, with another 30 by 2030.