A fledgling company compared to many in the top 20, HMH has benefitted throughout its first 10 years in operation from the expertise of Michel Noblet, who last September celebrated his 50th year as a hotelier.
Noblet has continued to drive the company forward this year, though portfolio growth has slowed somewhat because of the necessary curtailing of pipeline projects in Egypt, Syria, Lebanon, Yemen, Bahrain, Jordan, Iraq and Sudan owing to various levels of unrest.
Nevertheless, the group opened four hotels in the past 12 months — namely The Ajman Palace, Corp Executive Hotel Amman, EWA Mahadha Hotel and EWA Deira, Dubai — and signed four more, two of which are in Dubai and expected to be announced soon.
In total, there are 23 hotels operational and eight in the pipeline. Six hotels are expected to open by the end of 2014: Coral Plaza Qurum in Muscat, Coral International Hotel at Sports City in Dubai; Corp Noor Khartoum, Al Bada Oasis in Al Ain, EWA Nile Tower Khartoum, and EWA Port Sudan.
Performance has been robust, with record occupancies at some properties, such as Coral Beach Resort Sharjah.