We expect to see further activity in the luxury segment as a result of expanding strategic interests and global business outreach efforts of many markets in the region where we currently operate.
In the Middle East, the UAE leads the projects under development in the region, with a total of 50,000 new rooms under construction.
We are looking at expanding our presence in new markets such Algeria, Morocco and Tunisia, in North Africa.
Preferred Hotels & Resorts appointed Nicolas Villemin as regional director for the Middle East & North Africa
He joins Preferred Hotels & Resorts with 20 years’ industry experience and has spent more than ten years working in the Middle East.
Ascott’s current portfolio includes 23 properties across 12 cities (pipeline and operating) within the MEA and Turkey region, totaling more than 3,300 units.
The new recruits are Mustafa Ainen as director of operations across Oman, Qatar and Kuwait markets, Nemanja Acimovic as director of operations, United Arab Emirates and Sathis Aravinda as director of revenue in the Middle East and Africa.
10 new Swiss-Belhotel International properties are slated to open in the Middle East & Africa by next year
Will mark the debut of the brand in destinations such as Saudi Arabia, Oman, Kuwait and Egypt.