Luxury Asian hotel collection The Peninsula Hotels has entered Europe for the first time with the opening of the brand new Peninsula Paris property.

Katara Hospitality Hotels owns 80 per cent of The Peninsula Paris hotel and the remaining 20 per cent belongs to the Hongkong and Shanghai Hotels group (HSH) – the parent company of the Peninsula brand. The hotel was purchased four years ago and restored.

“As a company, HSH is genuinely committed to the long term and focuses on developing, as an owner-operator, a small number of the highest quality Peninsula hotels in the most prime locations in key international gateway cities,” said Mr Clement Kwok, CEO of HSH.

The 200-bedroom hotel has a 1,800sq m (19,375 sq ft) six-treatment room basement spa, developed by Hydroconcept and fitted with treatment beds by Gharieni and linen by RKF.

At the opening ceremony Laurent Fabius, the French minister for foreign affairs and international development, highlighted the importance of investments – such as those contributed by HSH and Katara Hospitality – to drive growth and create full-time employment in France.

The opening of the hotel has created 530 full-time jobs, a figure which is due to increase to 600 by the end of the year, in addition to 3,000 workers who completed the construction and design.

The hotel has six dining and drinking venues and expansive terraces, including one on the rooftop with a 360° view of Paris.

Katara Hospitality has set a target of owning and/ or managing 30 hotels by 2016 and 30 more over the following decade.