Distinguished Hotel Asset Managers and Executives from Across MEA Join Forces to Launch Hospitality Asset Managers Association MEA Affiliate (HAMA MEA)
In the coming weeks, the Hospitality Asset Manager Association (HAMA) is expected to open an Affiliate headquartered in Dubai, covering the Middle East and Africa This exciting launch comes at a pivotal time in the MEA region's hotel industry when asset management has emerged as the central element to hotel ownership. HAMA MEA will seek to support the evolution of the hotel asset management profession across the region while furthering the Association's global footprint, which currently has established affiliates in USA, Asia Pacific, Japan and Europe
"HAMA Asia Pacific has been instrumental in connecting hotel ownerships entities giving us leverage towards Management companies and hotel partners. Yearly we have seen benefits arising from the conferences we have organized and it has provided a positive platform for Hotel Asset Managers to share market insights and mutual innovative work trends. The MEA Affiliate will benefit the region increasing hotel properties and align ownership interests" says Alex Sogno, President of the HAMA AP.
"We are excited to bring together leaders from across the region's dynamic & growing hotel industry to launch HAMA MEA. We are committed to carrying out the Association's mission at a time of growing interest & need in the hotel asset management within the Middle East region. The objective of the MEA Affiliate shall be to further communication and coordination amongst the hotel owners and developers, whilst enhancing and supporting the relationship with the operators," says René Beil, one of the founding members of HAMA MEA.
HAMA members are involved in asset management, acquisition, development support, financing and disposition of hotels and resorts and are directly responsible for making decisions concerning capital investments, renovations, asset repositioning, operational policies and brand and management selection. HAMA consists of more than 300 members across the United States and through international affiliates. Its membership in the United States represents more than 3,500 hotels and resorts across every major brand, accounting for more than 775,000 hotel rooms, 250,000 employees, $40 billion in annual revenue and $3 billion in capital expenditures.
"HAMA USA is pleased to support the development of its 4th international affiliate in the MEA. Global growth of our association is essential to our mission of enhancing the effectiveness of the hospitality asset managers through education, advancement of the profession and serving as the collective industry voice of hospitality ownership", says Ruby Hwang, President of HAMA USA.
Founding Members of HAMA MEA include:
- Ahmer Naushad, Nikos Hadjos, Alain Debare, René Beil, Fred Novella
Officers:
- René Beil, Beaufort Global Partners
- Ahmer Naushad, Majid Al Futtaim Properties
- Rico Picenoni, Seven Tides
- Fred Novella, Global Asset Solution
Non Officers:
- Alain Debare, Action Hotels
- Wayne Troughton, HTI Consulting
- Joel Russo, Kingdom Hotel Investments
- Christopher Knable, Katara Hospitality
- Roger Blackall, Premier Group
- Harry Johnson, Majid Al Futtaim Properties
Contact Details for New Members: Contact HAMA MEA, Communications Chair Ahmer Naushad: ahmer.naushad@maf.ae
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© Press Release 2014
