The Plaza Hotel in New York City is currently owned by Katara Hospitality, a state-owned luxury hotel group based in Qatar, which acquired 100% of the property in 2018.

Quick Scoop

  • The current owner of The Plaza Hotel (NYC) is Katara Hospitality, a Qatari government-backed hotel investment company.
  • Katara bought the Plaza in 2018 for around 600 million dollars, consolidating full ownership for the first time in decades.
  • Day-to-day operations are handled by Fairmont Hotels & Resorts under a long-term management agreement, while Katara controls strategy and capital decisions.

Current owner and management

  • Katara Hospitality is based in Doha and focuses on iconic, heritage luxury hotels worldwide, with the Plaza as one of its flagship U.S. assets.
  • Fairmont (part of the Accor group) runs the hotel’s daily guest services, branding, and staffing under a management contract, separate from property ownership.

Brief ownership history highlight

  • The Plaza opened in 1907 and has passed through many owners, including prior stakes held by Sahara India Pariwar, Kingdom Holding Company, and Ashkenazy Acquisition Corporation before the 2018 sale.
  • The 2018 deal made Katara the first sole owner of the Plaza in more than 30 years, simplifying what had been a fragmented ownership structure.

Information gathered from public forums or data available on the internet and portrayed here.