who owns the plaza hotel in 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 acquired 100% of the property in 2018 for roughly $600 million.
Quick Scoop: Who Owns The Plaza?
- The Plaza Hotelâs current owner is Katara Hospitality, a hotel investment and development company backed by the Qatari state and headquartered in Doha.
- Katara became the sole owner after buying out previous stakeholders (including Sahara India Pariwar and partners) around 2018, consolidating 100% ownership for the first time in decades.
- Daily operations are handled under the Fairmont Hotels & Resorts brand (part of Accor), which manages the hotel while Katara acts as longâterm owner and asset steward.
Mini History Snapshot
- The Plaza opened in 1907 and has passed through many highâprofile owners, including Conrad Hilton, Donald Trump, and Sahara India Pariwar, before ending up with Katara Hospitality.
- The 2018 deal marked a shift from a fragmented ownership structure to a single international sovereign-backed hotel group focused on preserving the landmarkâs luxury positioning.
Current Status & âLatest Newsâ Angle
- As of the most recent public reporting, there have been no widely reported ownership changes since Kataraâs acquisition; it continues to be cited as the Plazaâs current owner.
- Most recent coverage frames the Plaza as a flagship North American trophy asset in Kataraâs global portfolio of highâend, historically significant hotels.
Fast Facts (HTML Table)
| Item | Details |
|---|---|
| Property | The Plaza Hotel, New York City |
| Current owner | Katara Hospitality (Qatar state-owned) |
| Ownership stake | 100% sole ownership |
| Acquisition year | 2018 |
| Approx. purchase price | About $600 million |
| Operator/manager | Fairmont Hotels & Resorts (Accor) |