19. Action Hotels, Founder and Chairman, Sheikh Mubarak Al Sabah
Action Hotels is an owner, developer and asset manager of branded three- and four-star hotels in the Middle East and Australia. Established in 2005, it currently operates eleven hotels with a pipeline which will see its portfolio increase to 18 hotels providing over 3,198 rooms by 2018. The company’s vision is to be ‘the leading developer, owner and manager of branded economy and midscale hotels in the Middle East and Australia’.
Action Hotels founder and chairman Sheikh Mubarak A M Al Sabah is committed to sustained growth, both by investing in owned estate and by developing strategic relationships with carefully-chosen partners.
Without raising any further equity, Action Hotels has outperformed management’s expectations set out at IPO, with regards to the number of rooms in operating and pipeline hotels by 29%, with total rooms totalling 3,257 vs. 2,516. Action Hotels focuses on the development of a portfolio of high quality hotels, offering ‘excellent service and value’ while ‘delivering superior returns’ to its owners and shareholders.
Action Hotels current development pipeline contains properties which are aimed to ‘significantly enhance’ its portfolio and expand its presence in existing markets as well as growing new markets. Looking at the numbers, Action Hotels currently has eight hotels operational in the Middle East, with a further six hotels in the Middle East pipeline.
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