Hussain Sajwani Hussain Sajwani

Given its active pipeline for the next five years, Damac Properties revealed last year that its hotel rooms portfolio will comprise approximately 10% of Dubai’s supply by 2021. An ambitious claim, but given Damac’s rampant growth in the region, it may just be right.

The property development company’s hospitality arm — Damac Hotels & Resorts is looking to boost its current portfolio of 1,700 hotel units over the next three years, delivering 15,000 operational units by 2021.

At the time of the announcement, Damac chairman Hussain Sajwani had said in a statement: “Over the past four years, Damac has delivered 1,700 hotel units that are in operation currently, and we’re looking to increase that to over 5,500 rooms by year end. The goal of delivering 15,000 keys by 2021 is a task that is both challenging and thrilling.”

The team at Damac did not supply up-to-date numbers about its current operational portfolio and pipeline for this year’s Power 50 rankings. However, Hotelier’s own research shows the group opened a number of new projects in 2017, including the 305-key Damac Maison Royale The Distinction in Dubai’s Downtown district.

What’s impressive about the group’s strategy is that Damac Hotels & Resorts is only seven years into its journey as an operator, and yet has set ambitious targets that may well match some of the more well-established companies on this list.

The Hotelier team will keep a close eye on the group to see whether these numbers come to fruition.

Dr Badr Al Badr

Chief executive officer, Dur Hospitality Company
Dur Hospitality is one of the largest and longest-standing hospitality companies in Saudi Arabia.

Hussain Sajwani

Chairman, Damac Properties/ Damac Hotels & Resorts
The property development company’s hospitality arm — Damac Hotels & Resorts is looking to boost its current portfolio of 1,700 hotel units over the next three years, delivering 15,000 operational units by 2021.

Taras Ettl

Vice president Middle East & Asia, Deutsche Hospitality
In April 2018 the group opened its third property in Tunisia — the Steigenberger Hotel Palace Marhaba on the Gulf of Hammamet — joining two hotels that opened in the country in 2017: Steigenberger Kantaoui Bay, and Jaz in Sousse. Deutsche Hospitality’s current portfolio of 10 hotels is set to nearly double, with eight new properties in the pipeline in GCC markets.

Michael Wale

Chief executive officer, Kerzner International
Adding to its One&Only portfolio in Dubai, the group will open a new One&Only Urban Resorts in 2020. The property will be located within the One Za’abeel development in the Za’abeel district.

Prateek Kumar

Regional vice president EMEA, Dusit International
Dusit International is in an important growth phase, which will see the company’s current portfolio of 27 hotels surpass 70 worldwide within the next four years.

Jose Silva

Chief executive officer, Jumeirah Group
The group also opened its first property in Bahrain — Jumeirah Royal Saray Bahrain — in February this year, and further expansion into new markets, is planned, Silva tells Hotelier Middle East.

Baran Turkel

Managing director, Turkey, Middle East & Central Asia, Best Western Hotels & Resorts
In 2017, Best Western Hotels debuted its new brand Vib in Antalya, Turkey. Vib is defined by Best Western as a, “new hip, chic, boutique concept and lifestyle brand that re-imagines the Best Western hotel experience for today’s traveller who is seeking innovation, technology integration and style with an authentic, local flavour.”

Michael Cottan

Executive vice president — operations, Middle East, India and the Indian Ocean, Shangri-La Hotels and Resorts
Additionally, phase two of Shangri-La Dubai’s extensive renovation is also due to finish this year.

Jamal Serhan

CEO and senior vice president, Warwick Hotels and Resorts
Responsible for 1,800 staff in the MENA region, Serhan previously told Hotelier Middle East he believes his priority is to help people develop their skills, empowering and leading by example.

Sumair Tariq

Managing director, R Hotels
Ajman-based R Hotels marked its 10th anniversary in 2018. The group possesses the largest room inventory in the emirate, and under managing director Sumair Tariq’s leadership, R Hotels has grown from two properties in 2010 to seven operational hotels across the UAE today.

By THE NUMBERS

7 Number of years in role 

16 Number of years with company 

6 Number of operating hotels in the region as of July 2018

26 Number of pipeline hotels in the region as of July 2018

 

Dr Badr Al Badr

Chief executive officer, Dur Hospitality Company
Dur Hospitality is one of the largest and longest-standing hospitality companies in Saudi Arabia.

Hussain Sajwani

Chairman, Damac Properties/ Damac Hotels & Resorts
The property development company’s hospitality arm — Damac Hotels & Resorts is looking to boost its current portfolio of 1,700 hotel units over the next three years, delivering 15,000 operational units by 2021.

Taras Ettl

Vice president Middle East & Asia, Deutsche Hospitality
In April 2018 the group opened its third property in Tunisia — the Steigenberger Hotel Palace Marhaba on the Gulf of Hammamet — joining two hotels that opened in the country in 2017: Steigenberger Kantaoui Bay, and Jaz in Sousse. Deutsche Hospitality’s current portfolio of 10 hotels is set to nearly double, with eight new properties in the pipeline in GCC markets.

Michael Wale

Chief executive officer, Kerzner International
Adding to its One&Only portfolio in Dubai, the group will open a new One&Only Urban Resorts in 2020. The property will be located within the One Za’abeel development in the Za’abeel district.

Prateek Kumar

Regional vice president EMEA, Dusit International
Dusit International is in an important growth phase, which will see the company’s current portfolio of 27 hotels surpass 70 worldwide within the next four years.

Jose Silva

Chief executive officer, Jumeirah Group
The group also opened its first property in Bahrain — Jumeirah Royal Saray Bahrain — in February this year, and further expansion into new markets, is planned, Silva tells Hotelier Middle East.

Baran Turkel

Managing director, Turkey, Middle East & Central Asia, Best Western Hotels & Resorts
In 2017, Best Western Hotels debuted its new brand Vib in Antalya, Turkey. Vib is defined by Best Western as a, “new hip, chic, boutique concept and lifestyle brand that re-imagines the Best Western hotel experience for today’s traveller who is seeking innovation, technology integration and style with an authentic, local flavour.”

Michael Cottan

Executive vice president — operations, Middle East, India and the Indian Ocean, Shangri-La Hotels and Resorts
Additionally, phase two of Shangri-La Dubai’s extensive renovation is also due to finish this year.

Jamal Serhan

CEO and senior vice president, Warwick Hotels and Resorts
Responsible for 1,800 staff in the MENA region, Serhan previously told Hotelier Middle East he believes his priority is to help people develop their skills, empowering and leading by example.

Sumair Tariq

Managing director, R Hotels
Ajman-based R Hotels marked its 10th anniversary in 2018. The group possesses the largest room inventory in the emirate, and under managing director Sumair Tariq’s leadership, R Hotels has grown from two properties in 2010 to seven operational hotels across the UAE today.