15. R Hotels, Managing Director, Sumair Tariq
R Hotels aims to be one of the top performing hospitality groups in the Middle East and to be recognised as one of the best hospitality companies to work for in the region. In addition to growing its portfolio in the UAE and growing its team, R Hotels seeks to expand its presence in other foreign cities including Jeddah and Makkah. The number of hotels it’s operating in the Middle East currently stands at five, with the number of hotels in pipeline in the Middle East at four (two are under construction and two are under review for acquisition).
R Hotels capped off 2015 with an average occupancy of 86% for all five properties. The group’s revenue was up by 6% from 2014, with almost 300,000 room nights sold, and for the first half of 2016, the occupancy figures were at 85%. In August 2015, R Hotels opened the first ibis Styles in the UAE under a franchise agreement with AccorHotels. “Similar to our other hotels which capitalise on location, the hotel is strategically situated along the intersection of Al Mina Road and 2nd December Street in Jumeirah,” says managing director Sumair Tariq.
The group now operates more than 1,100 rooms in the UAE, and has achieved this level of growth “organically and through acquisition”.
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