Fursan Travel names Berthold Trenkel as CEO
Fursan Travel announced that Berthold Trenkel has been appointed Chief Executive Officer of Fursan Travel, effective April 1st, 2016.
Travel
Rutger Smits named Acting CEO of Abu Dhabi National Hotels
Abu Dhabi National Hotels has announced the appointment of Rutger Smits as its Acting Chief Executive Officer, with effect from January 1, 2016.
IMG Holding names Lennard Otto to run theme park unit
Dubai-based IMG Holding, promoters of the the world’s largest indoor theme park, has named industry leader Lennard Otto as Chief Executive Officer.
AccorHotels expands partnership with Alesayi Group
AccorHotels has strengthened its partnership with the Alesayi Group with a signature to develop at least 15 new Adagio aparthotels over the next five years in Saudi Arabia.
The First Investor acquires major stake in restaurant chain
The First Investor, the investment banking arm of Barwa Bank Group, announced that it has acquired a 49.0% stake in Shater Abbas Restaurants International Group.
Helal Almarri on delivering 20m visitors and building 160,000 new hotel rooms
Charged with delivering 20 million visitors to the emirate by 2020, Helal Al Marri, the director general of DTCM, is juggling many balls.
Jumeirah Group welcomes new Group COO
Jumeirah Group, the Dubai-based luxury hotel company and a member of Dubai Holding, has appointed Robert Swade as Group Chief Operating Officer.
Jaidah Holdings acquires Venice hotel for USD 117m
The Iconic Gritti Palace will continue to be operated by Starwood Hotels under a long-term management contract with Jaidah Holdings.
Qatar Airways acquires the Novotel Edinburgh Park
Qatar Airways has acquired the Novotel Edinburgh Park Hotel in Scotland, the second such hotel acquisition outside of Qatar this year.