who owns plaza hotel new york

The Plaza Hotel in New York City is currently owned by Katara Hospitality , a Qatar-based, state-owned luxury hotel investment company that became the sole owner in 2018 after buying 100% of the property for around $600 million.
Current owner (quick scoop)
- The Plaza Hotel New York is fully owned by Katara Hospitality, headquartered in Doha, Qatar.
- Katara acquired the hotel in 2018 for about $600 million, consolidating all previous stakes into single ownership.
- Day-to-day operations are managed by Fairmont Hotels & Resorts under the Accor group, via a long-term management agreement.
How ownership works today
- Ownership: Katara Hospitality holds 100% of the Plaza’s equity and controls long‑term strategy, capital investment, and preservation of the landmark asset.
- Management: Fairmont runs hotel operations, staff, guest services, and branding under a management contract, a common structure in luxury hospitality.
- The Plaza remains a privately owned New York City Landmark with strong emphasis on heritage and ultra‑luxury positioning.
Notable past owners (mini history)
- Conrad Hilton’s Hilton Hotels Corporation was an owner during the mid‑20th century, reflecting the era when big American hotel chains collected flagship properties.
- Donald Trump purchased the Plaza in 1988, later selling it after financial difficulties in the early 1990s, but his association made the hotel a frequent pop‑culture reference.
- Saudi prince Al-Waleed bin Talal and Indian conglomerate Sahara India Pariwar were also major owners before the Qatari acquisition.
Snapshot table: who owns what
| Period | Main owner | Role today |
|---|---|---|
| Since 2018 | Katara Hospitality (Qatar) | 100% property owner and strategic controller. | [1][5][3]
| Pre‑2018 | Sahara India Pariwar, Kingdom Holding, Ashkenazy Acquisition | Former majority and minority equity holders. | [5][1]
| Current operator | Fairmont Hotels & Resorts (Accor) | Manages daily hotel operations under contract. | [1][3][5]
SEO-style meta note
- Focus keyword: who owns plaza hotel new york
- Meta description: The Plaza Hotel in New York is currently fully owned by Qatar’s Katara Hospitality, with Fairmont Hotels & Resorts managing operations under a long-term agreement.
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