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News: Main
October 13, 2009

Hoteliers Eye Doha, Qatar, for Expansion

The capital city of the Arab emirate continues to attract hospitality projects, thanks to its diplomacy and extensive gas wealth.

News:

Main
October 13, 2009

Hoteliers Eye Doha, Qatar, for Expansion

The capital city of the Arab emirate continues to attract hospitality projects, thanks to its diplomacy and extensive gas wealth.

Doha, Qatar, is proving to be a bright spot for hotel development, according to a new report from HVS. The capital city of the Arab emirate has two major selling points for the expansion of hospitality projects: its warm international ties and extensive gas wealth. Hotels have been achieving the highest rates in the region, and a new airport is under construction to accommodate the increasing number of visitors—most of whom travel to Doha for corporate and meeting purposes.

The report, titled "Doha, Qatar: A Tale of Caution and Optimism," outlines three major developments in the works:

• The Pearl, an island about 12 miles north of Doha’s central business district, will include six luxury and boutique hotels, along with villas and multi-family residential units, retail, restaurants, mosques, schools, parks, and four marinas.

• Lusail, a $5.5 billion endeavor that will create a new waterfront city near the Pearl. Plans call for housing more than 200,000 citizens, expansive retail and commercial space, 22 hotels, and an "Entertainment City."

• Heart of Doha’s 226 buildings—including three hotels—will feature traditional architecture.

Twelve hotels are scheduled to open in the next three years, representing brands such as Hilton, Shangri-La, Crowne Plaza, Courtyard by Marriott, Four Seasons, and St. Regis.

For the entire report, click here.

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