DOCSLIB.ORG

Ready to Experience All, Either in a Brand New Marianne Shokry Helen Moss Destination Or in an Old Favourite

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Ready to Experience All, Either in a Brand New Marianne Shokry Helen Moss Destination Or in an Old Favourite SPRING 2014 UAE: MEANINGFUL DEFINITION THE INNOVATIVE SHAPESHIFTER TRANSFORMS TO FASCINATE FAMILIES TURKEY: PERPETUAL MOTION A DESTINATION OF ALLURING MAGNETISM ttg mena WITH A POWERFUL LUXURY OFFERING WEDDINGS & HONEYMOONS CRAFTING A BESPOKE AND EXPERTLY TAILORED UNION PLUS for premium travel professionals INDIAN OCEAN CRUISING WITH A REFINED AND CAPTIVATING FLOURISH, THE LUXURY TRAVEL SECTOR IS VIBRANTLY BLOSSOMING TO SHOWCASE ITS UNRIVALLED, CREATIVE MASTERY ttg mena for premium travel professionals Contributors Natalie Hami Naomi Leach Ana Mladenovic Tatiana Tsierkezou Stefanie Saghbini Panayiotis Markides Creative Director Edward Beales Designer Maggie Bdjian General Manager Publishing & Sales Tony Fields General Manager Events & Communications As winter gradually lifts its thick blanket, the earth eagerly looks up to Alexandra North the sun, soaking in its warmth and nutrients to produce the freshness of Sales Manager spring. Bursts of flowers take over fields and bright green leaves adorn the Adrian Exley once bare branches of trees. Account Management Inna Armeanu As nature responds to the call of the sun so does the world in beginning Kyriacos Kyriacou to emerge, refreshed and ready to experience all, either in a brand new Marianne Shokry Helen Moss destination or in an old favourite. Heavily dampened by winter’s darkness the discerning traveller’s senses are pleasingly awoken and stimulated in International Partner Manager Elaine Hockley captivating and novel ways. With the dawn of the most delightful spring upon us, ttgmena luxury E-Commerce Manager Panayiotis Philippou takes you far and wide to experience and also to explore. Exceptional E-Commerce possibilities await the premium traveller in places previously unexplored Constantinos Voniatis or simply in destinations that have just recently encouraged the growth of Natalie Hami Operations Manager Media Reporter a successful luxury segment. Chris Christou With just the click of a mouse, you can seamlessly scroll through our Chief Financial Officer latest issue where you’ll discover our debut feature on Turkey, whose Costas Miaoulis high-end segment has blossomed, and continues to be in bloom, blending Accounts Executive its many attributes with fresh and charming offerings to come. Vasilis Eracleous Stalo Antoniades An effortless click will take you to our lead feature on the UAE where the We shall not family segment is boundlessly being tended to, with each and every detail Headquarters being pre-empted. Nietzsche Street, For some though, their most significant and undoubtedly most exceptional Ria Court 9, cease from 1st Floor, Makenzi, life experience has to be their wedding and honeymoon, indicating the 6028 Larnaca, Cyprus exploration, and beginning of a new chapter. We share with you the paramount significance Tel: +357-24-803800 Fax: +357-24-803060 of an illustrious setting, with highlights of destinations and properties Email: [email protected] the end of all our offering the most captivating of these attributes. menaluxury.com Website: Alternatively, you can bask in the treasures of the Indian Ocean, with the TTG Luxury Worldwide Titles* most varied adventure opportunities for the more imaginative traveller. TTG Czech Republic exploring will be TTG Russia Or take to the land in our Cruising feature, with the rising prominence of on TTG UK & Ireland to arrive where shore experiences set to tantalise the senses of both virgin and seasoned TTG Asia cruisers. * For information on these publications, we started and The yearning for exploration and new experiences runs through the please contact us at: [email protected] veins in all of us; this is brought before the luxury traveller in the form of know the place encounters beyond the opulent walls of a property in our Trends report. Printed in Cyprus by Cassoulides Masterprinters Echoing the sentiments of TS Eliot, travel to a perpetually favoured spot for the first time... should continuously stimulate with new experiences and the craving to explore anew once more. TS Eliot I wish you an inspirational and invigorating start to the year and hope we can continue to discover the wonders of luxury travel together in our next issue... welcome letter3 menaluxury.com 4 CONTENTS ttgmena luxury issue 13 spring 2014 16 21 20 14 30 06 Spring Selection Ajman celebrates beauty and 25 Feature Indian Ocean There is more than meets the culture; historic accents inspire Qatar's latest eye across the dazzling shores of the Indian Ocean hospitality concept; and magic sparkles for the family 29 Profile David Edwards, executive vice president, in Egypt Qatar Executive 08 News Developments of exception unveiled 30 Weddings & Honeymoons A seamless fusion 12 Viewed and Reviewed The ttgmena luxury team of setting, skill and keen attention to detail are shares its distinctive experiences of the region's quintessential in crafting a tailored celebration elite stars 32 Feature Turkey With a fiery sense of competition, 14 Trends Report As the budding segment of Turkey's upscale tourism industry has propelled the experiential travel strengthens, travel specialists are destination into the very heart of the luxury arena cultivating new paths of discovery 36 Premium Picks Switzerland reveals its tantalising 16 Feature UAE Intelligent shape-shifter, the UAE, secrets; Zen the Spa at Rotana offers up the ultimate transforms to serve and fascinate all ages treatments for body and mind; and ttgmena luxury 20 Profile Mark Edleson, president, Alila Hotels & Resorts presents the must-have accessories for 2014 21 Cruising Coursing through the waves of change, the 38 Gallery Take a look through the lens at some of the cruising sector is enticing a new demographic with most vibrant happenings in the industry its experiential approach 40 Diary Details on the upcoming ILTM Japan contents5 menaluxury.com spring selection GET READY TO BE INSPIRED The ever exhilarating luxury travel segment is constantly evolving and offering up its distinct treasures, creating memorable moments for its guests forever ingrained in their experience. With brand new properties blossoming in the region and outside, ttgmena luxury has selected some of the most outstanding and exceptional freshly opened properties, set to gratify the indulgent needs of the discerning guest. ttgmena luxury Captivating Arabian welcome The warm embrace of authentic Arabian hospitality is welcoming elite clientele, with the debut of Ajman Saray, A Luxury Collection Resort, scheduled to open in February. The resort will mark the brand’s entry into the northern emirate of Ajman. Guido de Wilde, senior vice president, re- gional director – Middle East, Starwood Hotels & Resorts noted: “Ajman has posi- tioned itself as a must-see destination in the UAE and this resort truly celebrates SERENE HAVEN the emirate’s beauty and culture through Gracing the already opulent and exceptional hotel The wide choice of well-appointed and capacious its spec- line up in Marrakech is Royal Palm Marrakech, accommodation at Royal Palm Marrakech moves tacular bringing its own unique brand of luxury into this from the central area of the hotel along a peaceful design and distinctive region. avenue of olive trees. All 135 lavish suites and villas Ajman has impeccable This is the first property away from the Indian Ocean have been furnished to the highest standard opening service. for Beachcomber Hotels, considered pioneers of the onto either a generous balcony or terrace. Suites positioned Ajman Indian Ocean hotel industry, owning and managing are set over three floors with captivating views over itself as a Saray will eight luxury hotels in Mauritius and Sainte Anne the gardens, the magnificent hotel golf course and provide an Resort & Spa in the Seychelles. across to the snow-capped Atlas mountains beyond. must-see enchant- Drawing largely on inspiration from the Berber cul- Royal Palm Marrakech has an exceptional choice of ing coastal ture, this luxurious five-star property, situated within family and group accommodation with 11 outstand- destination in sanctuary a vast 231-hectare estate amongst age-old olive ing villas, each with their own private pool and tradi- for inter- trees, is located just 12km from the bustling centre tional hammam, along with a fully fitted kitchen and the UAE. national of Marrakech. BBQ where guests may delight in al fresco dining. guests and the perfect weekend retreat for local residents.” A beachside retreat, Ajman Saray fea- FAMILIAL DELIGHTS tures 205 luxurious rooms, including 24 suites offering outstanding views of the ith perfect climes the year through, with individually adjustable air conditioning, satellite TV Arabian Gulf. Egypt is inviting and welcoming the and high-speed Internet access. Furthermore, the resort offers an ex- W lucrative family segment, with the new quisite variety of epicurean experiences Steigenberger Aqua Magic in Hurghada. including a specialty restaurant focused An exclusive water slide park, a generously on authentic Middle Eastern delicacies, a proportioned pool facility extending over an contemporary seafood restaurant, an all- area of 2,600m2 and a private beach all make day dining space serving Mediterranean Steigenberger Aqua Magic a singular experi- cuisine, a beach bar and grill, the eques- ence for the whole family. trian inspired lounge with Looking to perpetually gratify the needs of its a relaxing atmosphere clientele, Steigenberger Aqua Magic offers 707 and a lobby lounge. rooms and suites, including 294 specially de- The hotel also includes
Load more

Recommended publications
  • Before the Emirates: an Archaeological and Historical Account of Developments in the Region C
    Before the Emirates: an Archaeological and Historical Account of Developments in the Region c. 5000 BC to 676 AD D.T. Potts Introduction In a little more than 40 years the territory of the former Trucial States and modern United Arab Emirates (UAE) has gone from being a blank on the archaeological map of Western Asia to being one of the most intensively studied regions in the entire area. The present chapter seeks to synthesize the data currently available which shed light on the lifestyles, industries and foreign relations of the earliest inhabitants of the UAE. Climate and Environment Within the confines of a relatively narrow area, the UAE straddles five different topographic zones. Moving from west to east, these are (1) the sandy Gulf coast and its intermittent sabkha; (2) the desert foreland; (3) the gravel plains of the interior; (4) the Hajar mountain range; and (5) the eastern mountain piedmont and coastal plain which represents the northern extension of the Batinah of Oman. Each of these zones is characterized by a wide range of exploitable natural resources (Table 1) capable of sustaining human groups practising a variety of different subsistence strategies, such as hunting, horticulture, agriculture and pastoralism. Tables 2–6 summarize the chronological distribution of those terrestrial faunal, avifaunal, floral, marine, and molluscan species which we know to have been exploited in antiquity, based on the study of faunal and botanical remains from excavated archaeological sites in the UAE. Unfortunately, at the time of writing the number of sites from which the inventories of faunal and botanical remains have been published remains minimal.
    [Show full text]
  • Doing Business Guide Understanding the United Arab Emirates’ Tax Position Doing Business Guide | Understanding the United Arab Emirates’ Tax Position
    Doing business guide Understanding the United Arab Emirates’ tax position Doing business guide | Understanding the United Arab Emirates’ tax position Equam ipsamen 01 Impos is enditio rendae acea 02 Debisinulpa sequidempos 03 Imo verunt illia 04 Asus eserciamus 05 Desequidellor ad et 06 Ivolupta dolor sundus et rem 07 Limporpos eum sequas as 08 Ocomniendae dit ulparcia dolori 09 Aquia voluptas seque 10 Dolorit ellaborem rest mi 11 Foccaes in nulpa arumquis 12 02 Doing business guide | Understanding the United Arab Emirates’ tax position Contents 04 About the United Arab Emirates 06 Legal and regulatory framework 09 Taxation in the United Arab Emirates 20 Immigration and labor landscape 31 United Arab Emirates double tax treaty network 03 Doing business guide | Understanding the United Arab Emirates’ tax position About the United Arab Emirates Occupying a strategic location between The legal system in the UAE is based on The relevant laws allow the Emirates Asia, Europe and Africa, the United both civil code principles and on Islamic to establish Free Zones for general or Arab Emirates (UAE) ranks first among Shari’ah Law. The key sources of law industry-specific activities to encourage the countries most attractive to foreign include: foreign investments into the UAE. direct investment in the Middle East • The UAE Federal Constitution; (ME) and Africa region. • Federal laws and regulations; The UAE juridical system varies significantly • Emirati laws and regulations; across the different Emirates and some The UAE is a confederation of seven • Islamic Shari’ah principles; and of the Free Zones have their own court Emirates comprising of Abu Dhabi, • Free Zone regulations (as applicable).
    [Show full text]
  • FREEDOM in the WORLD 2020 United Arab Emirates 17 NOT FREE /100
    4/28/2020 United Arab Emirates | Freedom House FREEDOM IN THE WORLD 2020 United Arab Emirates 17 NOT FREE /100 Political Rights 5 /40 Civil Liberties 12 /60 LAST YEAR'S SCORE & STATUS 17 /100 Not Free Global freedom statuses are calculated on a weighted scale. See the methodology. TOP https://freedomhouse.org/country/united-arab-emirates/freedom-world/2020 1/15 4/28/2020 United Arab Emirates | Freedom House Overview The United Arab Emirates (UAE) is a federation of seven emirates led in practice by Abu Dhabi, the largest by area and richest in natural resources. Limited elections are held for a federal advisory body, but political parties are banned, and all executive, legislative, and judicial authority ultimately rests with the seven hereditary rulers. The civil liberties of both citizens and noncitizens, who make up an overwhelming majority of the population, are subject to significant restrictions. Key Developments in 2019 Pope Francis undertook the first papal visit to the UAE and the Arabian Peninsula in February, as Emirati officials sought to burnish the country’s reputation for religious tolerance. In May, Emirati media circulated video images of Sheikh Khalifa bin Zayed al- Nahyan, ruler of Abu Dhabi and president of the UAE, meeting well-wishers during Ramadan. Sheikh Khalifa had rarely appeared in public since suffering a stroke in 2014; his half-brother and designated heir, Sheikh Mohammed bin Zayed al-Nahyan, remained the country’s de facto ruler. Nonpartisan elections for half of the seats on the UAE’s advisory council were held in October, featuring a somewhat expanded pool of eligible voters and greater participation by women candidates, though turnout remained low.
    [Show full text]
  • ITB 2020 4 - 8 March 2020 List of Exhibitors
    ITB 2020 4 - 8 March 2020 List of Exhibitors Exhibitor Postal code City Country/Region 1001 Nights Tours 19199 Tehran Iran 123 COMPARE.ME 08006 Barcelona Spain 1AVista Reisen GmbH 50679 Köln Germany 2 Travel 2 Egypt 11391 Cairo Egypt - Prime Hospitality Management Group 33-North Baabdath el Metn Lebanon 360-up Virtual Tour Marketing 40476 Düsseldorf Germany 365 Travel 10000 Hanoi Vietnam 3FullSteps 1060 Nicosia Cyprus 3Sixty Luxury Marketing RG9 2BP Henley on Thames United Kingdom 4Travel Incoming Tour Operator 31-072 Kraków Poland 4X4 Safarirentals GmbH 04229 Leipzig Germany 500 Rai Resort & Tours 84230 Surat Thani Thailand 506 On The River, Woodstock 05091 Woodstock United States of America 5stelle* native clouds pms 43019 Soragna Italy 5vorFlug GmbH 80339 München Germany 7 Degrees South Victoria Seychelles 7/24 Transfer Alanya/Antalya Turkey 7Pines Kempinski Ibiza 07830 Ibiza Spain 9 cities + 2 in Lower Saxony c/o Hannover Marketing & Tourismus GmbH 30165 Hannover Germany A & E Marketing Durbanville, Cape Town South Africa A Dong Villas Company Limited 56380 Hoi An City Vietnam A la Carte Travel Greece 63200 Nea Moudania Greece A Star Mongolia LLC 14250 Ulaanbaatar Mongolia a&o hostels Marketing GmbH 10179 Berlin Germany A-ROSA Flussschiff GmbH 18055 Rostock Germany A-SONO Riga Latvia A. Tsokkos Hotels Public Ltd 5341 Ayia Napa Cyprus A.T.S. Pacific Fiji Nadi Airport Fiji A1 Excursion Adventure Tours and Travel Pvt. Ltd. 44600 Kathmandu Nepal A2 Forum Management GmbH 33378 Rheda-Wiedenbrück Germany A3M Mobile Personal Protection GmbH 72070 Tübingen Germany AA Recreation Tours & Travels Pvt. Ltd. 110058 New Delhi India AAA Hotels & Resorts Pvt Ltd 20040 Male Maldives AAA Travel 7806 Cape Town South Africa AAA-Bahia-Brasil 41810-001 Salvador Brazil AAB - All About Belgium Incoming DMC for the Benelux 9340 Lede Belgium aachen tourist service e.v.
    [Show full text]
  • Accorhotels and Rixos Hotels Announce a Strategic Partnership
    Press release - March 6, 2017 AccorHotels and Rixos Hotels announce a strategic partnership AccorHotels and Rixos Hotels announce today a strategic partnership illustrating AccorHotels’ strategy to expand its presence in the Upper Upscale/Luxury market, with a primary focus on developing global activities in the resort segment. Under a long-term joint venture, both parties intend to collaborate, develop and manage Rixos branded resorts & hotels worldwide. Upon closing, AccorHotels will own a 50% interest in the joint venture management company. Through this joint venture, AccorHotels will integrate in its network 15 iconic hotels that are ideally located in premium resort markets in Turkey, UAE, Egypt, Russia and Europe and which benefit from strong room rate performance. As part of this transaction, Rixos plans to reflag five city-centre hotels to AccorHotels brands which will also be managed by AccorHotels. To this portfolio, Rixos will add a second iconic hotel in Dubai in the very short term as well as two other properties by the end of 2018 in Abu Dhabi and the Maldives highlighting the expansion of the Rixos brand into this key resort market. WorldReginfo - fe7ad744-9212-4c3a-9da0-b21390404e8d Rixos is one of only a handful iconic resort brands in the region that caters to both high- end transient and group customers. It is recognized as one of the leading luxury destination brands in Turkey and the Middle East due to its best-in-class facilities, dining options and entertainment venues. Each unique property is able to capture the traditions of its surrounding while providing signature experiences, unforgettable sensory offerings, and unparalleled level of tailored services.
    [Show full text]
  • Talent Development @ Hospitality Industry
    Talent Development @ Hospitality Industry Hüseyin KÜCÜ HR Manager @ CHQ [email protected] 1 • Rixos Hotels, established in 2000, is one of the world’s fastest growing, luxury hotel brand. Rixos At a Glance • The World’s largest Turkish hotel brand. • Market Leader at All Inclusive concept in Turkey. • One of the most well known hotel brand in Turkey & CIS Countries • Member of a Global Hotel Alliance, a collection of 22 upscale and luxury regional hotel brands from across the world 2 • We are giving luxury services with more than 8000 employees from 50 different nationalities Rixos: A Global Company • 700.000 guests from 200 different nationalities, stayed Rixos Hotels at 2013. • Annually Guest satisfaction score of Rixos is 85%. • 8out of 10 of satisfied guests were recommending Rixos to others • More than 80 international awards during 14 years. • Winner of the award of Europe’s Leading Hotel Brand, known as Oscar of Hospitality Industry, at 2010 3 Rixos Worlwide 2009 –Rixos Lares 2010 –Rixos Al Nasr Tripoli 2000– Rixos Tekirova 2011 –Rixos Downtown Antalya 2014 – Naftalan Hotel By Rixos 2003 –Rixos Premium Bodrum 2012 –Rixos The Palm Dubai 2014 – Samaxi Palace Platinum By Rixos 2005 –Rixos Premium Belek 2013 – Rixos Pera İstanbul 2014 – Rixos Krasnaya Polyana Sochi 2005 –Rixos President Astana 2013 –Rixos Sharm El Sheikh 2014 – Rixos Quba Azerbaijan 2005 –Rixos Konya 2014 – Rixos Premium Göcek Suites&Villas 2014 – Rixos Flüela Davos 2007 –Rixos Libertas Dubrovnik 2014 – Rixos Beldibi 2014 – Rixos Alamein 2009 –Rixos Grand Ankara 2014 –Rixos Eskişehir 2014 – Rixos Bab Al Bahr 2009 –Rixos Sungate 2014 –Rixos Khadisha Shymkent 2014 –Rixos Mriya, Yalta 2009 –Rixos Almaty 2014 –Rixos Borovoe 2014 –Rixos Duhok • We have 29 hotels in 10 countries at Worlwide.
    [Show full text]
  • Europe Nominee List Updated 26 Aug 2010
    Europe Europe Europe's Leading Airline Air France Alitalia British Airways Iberia KLM Lufthansa SAS Scandinavian Airlines Swiss International Air Lines TAP Portugal Turkish Airlines Europe's Leading Airport Amsterdam Airport Schiphol, Netherlands Barcelona International Airport, Spain Copenhagen Airport, Denmark Domodedovo International Airport, Russia Hamburg Airport, Germany Heathrow Airport, London, England HelsinkiVantaa, Finland Leonardo da Vinci International Airport, Italy Lisbon Airport, Portugal Madrid Barajas International Airport, Spain Munich International Airport, Germany Zurich Airport, Switzerland Europe's Leading Airport Hotel Hilton Copenhagen Airport Hotel, Denmark Hilton London Heathrow Airport Hotel, England Kempinski Airport Hotel Munich, Germany Radisson SAS Hotel London Stansted Airport, England Renaissance Barcelona Airport Hotel, Spain Sheraton Amsterdam Airport Hotel and Conference Center, Netherlands Sheraton Paris Airport Hotel & Conference Centre, France Europe's Leading All-inclusive Resort Aldemar Rhodos Paradise Village, Greece Aska Costa Holiday Club, Turkey Club Hotel Riu Chiclana, Spain Club Hotel Riu Gran Canaria, Spain Club Hotel Riu Paraiso Lanzarote Resort, Spain Club Hotel Riu Vista Mar, Spain Concorde De Luxe Resort,Turkey Da Balaia Club Med, Portugal Kemer Resort Hotel, Turkey Rixos Premium Belek, Turkey Titanic Hotel Antalya, Turkey Europe's Leading Beach Cannes, France Corfu, Greece Costa de la Luz, Spain Costa Smeralda, Sardinia, Italy Dona Ana, Lagos, Portugal Formentera Island, Ibiza Marbella,
    [Show full text]
  • Digital Travel 2015 Attendee List
    Digital Travel 2015 Attendee List Head of Product Thomas Cook Head of Product Management – Checkout & Payments Thomas Cook Chief Digital Officer Thomas Cook Head of E-Commerce Alitalia E-Commerce Project Manager Lufthansa Social Media Manager Lufthansa Head of Online Sales and Mobile Services Lufthansa Group Director Business Development & Mobile Partnerships EMEA TripAdvisor Sr Manager, Hotel Partnerships EMEA Tripadvisor Chief Technology Officer RyanAir Head of QA Ryanair IT Director Flybe Head of Customer Experience Whitbread Head of Social Media Aer Lingus Sr. Ux Designer Aer Lingus Ancillary and Analytics Web Analyst Aegean Airlines S.A E-Commerce & Loyalty Manager Aegean Airlines S.A Head of Digital Services and Content Aegean Airlines S.A Sales and Marketing Director Croatia Airlines Digital Marketing Specialist Pegasus Airlines Digital Marketing Manager Pegasus Airlines Digital Marketing Manager Pegasus Airlines Online Sales and Marketing Manager Turkish Airlines E and M-Commerce Director Vueling Airlines Mobile product owner Vueling Airlines Website Manager Apex Hotels Head of eDistribution Barcelo Hotels Head of Ecommerce Barcelo Hotels Head of Digital Best Western Hotels GB PPC Specialist Corinthia Hotel Group Web Content Manager Corinthia Hotel Group Vice President of Revenue Management – Europe Diamond Resorts and Hotels Market manager – Spain and Portugal Diamond Resorts and Hotels Digital Marketing Director FRHI Hotels & Resorts Editor Hotel Analyst Editorial Director Hotel Analyst Hotels.com Digital Strategy and Distribution
    [Show full text]
  • Recent M&A Activity in the European Hospitality Industry
    Recent M&A Activity in the European Hospitality Industry: A story of OpCos and PropCos September 2018 By Andrew Harrington Partner AHV Associates LLP Strictly Private and Confidential An Introduction Founded in 2001 by Andrew Harrington and Hanif Virji, AHV Associates LLP (AHV) is an award winning boutique investment bank focused on advising private companies across a range of M&A and advisory assignments AHV Associates AHV Corporate Finance AHV Financial Markets Therium AHV Financial Mergers & Acquisitions Board Advisory Raising Finance Advisory Markets ▪ M&A ▪ Strategic Options ▪ Real Estate Finance ▪ Derivatives ▪ £200 million Litigation ▪ Company Sales & JVs Assessment ▪ Debt & Equity ▪ Loans & Currencies Funding ▪ MBO ▪ Acquisition Finance ▪ Interest Rate Hedging ▪ Transaction Structuring ▪ Dev/Exp Capital ▪ Buy Out AHV specializes in hospitality and has worked with companies who owns hotels, apart-hotels, serviced apartments, hostels and mixed-use resorts AHV Associates LLP is authorized and regulated by the Financial Conduct Authority Recent M&A Activity in the European Hospitality Industry: Opcos and Propcos Executive Summary There has been a lot of M&A activity in the European hospitality industry during the last 12 months, either by European companies investing globally or by non European companies acquiring or investing in the European market We have reviewed the deals that have occurred and have identified a few key themes that could underpin activity in the future: ❑ Many hotel groups have chosen to solely focus on the operational
    [Show full text]
  • European Hotel Transactions 2004
    European Hotel Transactions 2004 This issue has been published by the London Office of HVS International 2005 Edition Philippa Bock and Bernard Forster good covenants, together with the availability of a buyer and the offer Introduction exceptional level of private equity and matching the vendor’s expectations. institutional capital becoming available. During 2004, HVS recorded a total of he European hotel industry staged 137 single asset hotel transactions of a good recovery in 2004, having more than €7.5 million, the minimum experienced significant instability T amount set for a transaction to qualify in recent times as a result of numerous European Single for inclusion in our survey. The total unprecedented events worldwide. The volume of single asset transactions was resilience of the hotel market, as proven Asset Transaction particularly impressive, resulting in a over the last three years, has resulted in Activity record level of investment; this hotel real estate now being considered a investment, at approximately €4 billion, mainstream asset class. Moreover, the ith no unprecedented events was 21% higher than it was the previous upside of hotels in a recovering market occurring in Europe during year. Single asset transactions accounted is very appealing, with the positive 2004 to send the industry into W for approximately 45% of the total leverage resulting from improved turmoil, the signs in late 2003 that many investment activity, less than the profitability creating a very attractive European markets were at the bottom of previous year; however, this was environment for investors. their cycles proved correct, with a understandable considering the strong In 2004, the European hotel number of European markets enjoying increase in portfolio activity following investment market shifted into top gear RevPAR growth in 2004.
    [Show full text]
  • Emirate of Abu Dhabi Brand Marketing Strategy – Travelers Welcome
    Modern Applied Science; Vol. 13, No. 8; 2019 ISSN 1913-1844 E-ISSN 1913-1852 Published by Canadian Center of Science and Education Emirate of Abu Dhabi Brand Marketing Strategy – Travelers Welcome Tuqa Mohamed AlOwais1 1 Abu Dhabi Food Control Authority, Abu-Dhabi, United Arab Emirates. Correspondence: Tuqa Mohamed AlOwais, Abu Dhabi Food Control Authority, Abu-Dhabi, United Arab Emirates. E-mail: [email protected] Received: June 11, 2019 Accepted: July 15, 2019 Online Published: July 26, 2019 doi:10.5539/mas.v13n8p57 URL: https://doi.org/10.5539/mas.v13n8p57 Abstract Throughout the past century, the United Arab Emirates’ leadership realized the significant importance of initiating novel and innovative strategies to market themselves and contribute in their successful position among the global network, thus their obligation was to employ both short and long term strategies that help in the process of successful promotion, insertion and enhanced situation in the foreign market. Highlighting Abu Dhabi as the capital of the United Arab Emirates, and distinguishing it from the rest of the country, Dubai in particular, was the crucial vision of Al Sheikh Zayed Al Nahayan. Where the collaborative emirate’s leadership had the potential to mark Abu Dhabi as “the global capital city” (Abu Dhabi Urban Planning Council, 2007). This research discusses place-branding and marketing of the emirate of Abu Dhabi, where the emirate’s brand marketing strategies relies on the desert, sea, heritage and the city as key elements towards placing the capital of the United Arab Emirates on the global map, in addition to improving the reputation of the middle east in general and Abu Dhabi in specific, through presenting two study cases: Masder City and Saadiyat Island, which are viewed as vivid examples of the emirate of Abu Dhabi brand marketing strategies implementation focus.
    [Show full text]
  • Hamriyah Independent Power Project Environmental and Social Impact Assessment
    Hamriyah Independent Power Project Environmental and Social Impact Assessment October 2018 GE Energy Financial Services / Sumitomo Corporation Mott MacDonald Al Ghaith Tower Hamdan Street PO Box 47094, Abu Dhabi United Arab Emirates T +971 (0)2 401 5333 F +971 (0)2 627 0734 mottmac.com GE Energy Financial Services / Sumitomo Corporation Hamriyah Independent Power 395137 010 C Project Mott MacDonald Environmental and Social Impact Assessment October 2018 Mott MacDonald Limited. Registered in England and Wales no. 1243967. Registered office: Mott MacDonald House, 8-10 Sydenham Road, Croydon CR0 2EE, GE Energy Financial Services / Sumitomo Corporation United Kingdom Mott MacDonald | Hamriyah Independent Power Project Environmental and Social Impact Assessment Issue and revision record Revision Date Originator Checker Approver Description A 15/07/18 Project team R. Abou- G. Clamp First draft for client review Atieh B 22/07/2018 Project team R. Abou- G. Clamp Submission to EPAA Atieh C 25/10/2018 Project team R. Abou- G. Clamp Final - Amended with final Atieh marine survey results and responded to the EPAA and lender’s advisor comments Document reference: 395137 | 010 | C Information class: Standard This document is issued for the party which commissioned it and for specific purposes connected with the above- captioned project only. It should not be relied upon by any other party or used for any other purpose. We accept no responsibility for the consequences of this document being relied upon by any other party, or being used for any other purpose, or containing any error or omission which is due to an error or omission in data supplied to us by other parties.
    [Show full text]