REVEALED: 50 most powerful Middle East hoteliers
The 2014 Hotelier Middle East Power 50, presented by Parasol International, is dedicated purely to hotel operators, just as it was last year. This means that ownership and consultancy merits have not been largely considered in the judging process, while managerial and personal achievements have formed the basis of our decision-making.
This year’s list highlights those hoteliers that are working hard to set and maintain the highest standards in their operational properties, as well as those securing deals to expand their companies’ portfolios throughout the GCC, Levant and Egypt.
While some of the hoteliers profiled have founded local companies, others have moved up the ranks in global organisations to take on senior executive roles and have become the key driving forces behind brand development in the region.
However, it should be noted that additional weighting has been given to locally founded companies since, while often smaller in size, these are particularly significant to the development of the Middle East hotel industry and sometimes, to its reputation overseas as well.
Individuals within those companies that are most established in the region are also more likely to be ranked highly, while those from international companies that have newly emerged in the region may be lower down in the list.
However, we do expect to see these individuals rise further up the scale in years to come as their companies’ Middle East portfolios grow.
We have also acknowledged companies that are spearheading the latest industry trends in the region, such as expansion and development of mid-market and long-stay brands, as well as sustainability initiatives and the latest social media and digital innovations.
Each and every hotelier in our Power 50 list has garnered years of hospitality industry experience, developed an in depth knowledge and understanding of the Middle East hospitality industry, and has made a significant impact on their current company.
This may be in terms of implementing effective training initiatives, establishing new operational solutions, or for their involvement in bringing new F&B concepts to the region, among a variety of other factors. Personal achievements have also been taken into consideration, as have leadership qualities demonstrated through awards and staff recognition.
Above all, it’s important to note that the rankings are subjective and the opinion of the Hotelier Middle East team. All of our decisions have been based on information that we have been supplied by the hotel companies included on the list, along with information collated from news stories and interviews conducted over the past 12 months.
We hope all of the hoteliers profiled are delighted with their rankings this year and we look forward to receiving your feedback.
Crystal Chesters
Deputy Editor
Hotelier Middle East