Ali Lakhraim, Chairman and founder of Lakhraim Business Group of Companies partner and president of Millennium & Copthorne Middle East Ltd
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Ali Lakhraim
Chairman and founder of Lakhraim , Business Group of Companies, Partner and President of Millennium & Copthorne Middle East Ltd
Although he keeps quite a low profile, Ali Lakhraim’s dedication to the Middle East hospitality industry over the past 14 years has made him one of the most powerful hoteliers in the region.
Lakhraim is best known for his initiation of Millennium and Copthorne in the region but is also a keen investor in the hotel sector through his roles as vice chairman and founder of Pearl Azure Hotels and Emirates Hotels Company (EHC).
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A UAE national, Lakhraim considers himself as “the only guy from the UAE who has an international operating firm and isn’t government hired”. He has massive ambitions for Millennium & Copthorne, aiming to operate 100 hotels by 2015 across the Middle East and North Africa.
Recent deals include three hotels in Iraq, and Millennium Plaza Dubai, among others.
Lakhraim is confident that by the end of 2011, he will have 50 hotels operational.
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