Action Hotels PLC Action Hotels Chairman wins award
April 28 2017 - 1:01AM
RNS Non-Regulatory
TIDMAHCG
Action Hotels PLC
28 April 2017
28 April 2017
Action Hotels plc
("Action Hotels" or the "Company")
H.E. Sheikh Mubarak A M Al-Sabah, Action Hotels Founder &
Chairman wins prestigious Industry Pioneer award
Action Hotels plc, the leading owner, developer and asset
manager of branded three and four-star hotels in the Middle East
and Australia, is delighted to announce that H.E. Sheikh Mubarak
Al-Abdullah Al-Mubarak Al-Sabah, Founder and Chairman of Action
Hotels has been awarded the prestigious Industry Pioneer Award at
the Arabian Hotel Investment Conference 2017.
The award recognises the achievements of individuals who have
made a significant contribution to the Middle East hospitality
industry. The award was nominated and voted for by the AHIC
Advisory Board, a panel of more than 40 hotel owners, investors,
operators and consultants with extensive knowledge and experience
of the Middle East hotel industry.
Sheikh Mubarak founded Action Hotels in 2005 after identifying a
gap in the underserved three and four star branded hotel market
across the Middle East. The Company now has 12 operational hotels
with 2,181 rooms in aggregate across the Middle East and Australia,
and a further six hotels in the pipeline.
The expansion of Action's hotel portfolio across the GCC has
been driven by increasing demand for quality, affordable hotel
accommodation in the region, particularly from intra-regional
travellers, and the material undersupply in the economy and
midscale hotel sectors.
Co-founder of AHIC, Jonathan Worsley commented, "This year's
acclaimed winners are pioneers in the regional mid-market travel
and tourism industry. They are responsible for enabling and
encouraging more visitors to come to the Middle East and stay in
the wonderful destinations this region offers.
"The underserved mid-market segment is finally getting the
attention it deserves and as an industry we are inspired by and
grateful to our winners for paving the way."
Commenting on the award, H.E. Sheikh Mubarak A M Al-Sabah said,
"It is a privilege for me to accept this prestigious Industry
Pioneer Award. The award is testament to the team at Action Hotels.
We have delivered organic growth and established the Company as a
leading owner, developer and asset manager spearheading the
development of economy and mid-market hotels in the Middle East and
Australia.
"We are passionate about what we do and this is the reason why,
with my team, we continue to commit time, energy, resources and
investment to further growth. This Industry Pioneer Award is
recognition of our successful strategy and acknowledges our team at
Action Hotels PLC, who have worked tirelessly to grow the business
and deliver returns for all our stakeholders."
For more information contact:
Camarco (Press enquiries)
Tel: +44 (0) 20 3757 4994
Jennifer Renwick / Tom Huddart
Notes to Editors
Action Hotels is a leading owner, developer and asset manager of
branded three and four star hotels in the Middle East and
Australia. Established in 2005, Action Hotels currently has 12
completed hotels with 2,181 rooms in aggregate across the Middle
East and Australia, with further properties in development in both
regions.
More information is available at
http://www.actionhotels.com/
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAIRMMTMBTTTIR
(END) Dow Jones Newswires
April 28, 2017 02:01 ET (06:01 GMT)
Action Hotels (LSE:AHCG)
Historical Stock Chart
From Apr 2024 to May 2024
Action Hotels (LSE:AHCG)
Historical Stock Chart
From May 2023 to May 2024