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B&G Management enters Gulf hospitality market with the launch of a new joint venture company
- United Arab Emirates: Thursday, May 05 - 2005 at 13:51
- PRESS RELEASE
B&G Group, a leading Egyptian hotel management group, and Mohamed Al Geziry Consultancy, a market leader in hospitality and travel services, have teamed up to launch a joint venture company to cater to the vibrant hotel industry in the GCC markets.
B&G Management has been active in the Egyptian hotel industry for over 15 years and runs a number of hotels and resorts in prime locations. The company also represents foreign chains in the Egyptian markets, including leading German brands LTI and Kalimira.
Mohamed Al Geziry Consultancy has been providing customized solutions to hospitality companies and the travel market, driven by its local expertise and network in the local and regional market.
"This is the ideal time for B&G Management to foray into the Gulf market, having made a mark in the Egyptian hospitality industry over the past few years," said Balbaa. "The booming tourism in the Gulf in general and the UAE in particular offer tremendous potential for the growth of the hotel and travel industry. We are delighted to partner with Mohamed Al Geziry Consultancy to create integrated solutions for players operating in the region or those wishing to enter this market."
"There is an increasing demand for professional consultants in the hospitality sector in the Gulf region. Having worked in this market for a number of years, we understand fully the needs of the market and are therefore in a position to advise clients on the most effective approach to implement projects in hospitality and travel industry," said Al Geziry. "We are positive the combined strengths of B&G and Al Geziry will help hotel groups and all types of players in the tourism industry to adopt the most effective steps in reaching their goals."
B&G runs eight hotels and resorts in Egypt, including the Laguna Vista Beach Resort and Kahramana Hotel in Sharm El Sheikh and the Kahramana Beach Resort and Amaraya Club in Marsa Alam. B&G Management specialises in site master planning, architecture and interior design. B&G, with its sister concern, Balbaa Construction and Consultancy offers a complete turnkey hotel development service, from initial concept design through to building handover. B&G's attention to detail and dedication to every project has helped the Group emerge as one of the fastest growing hotel management company in the region.
Mohamed Al Geziry Consultancy provides expert advise, information and direction to government and private clients involved in the development and operation of hospitality, leisure and tourism activities in the region. The consultancy has an in-depth knowledge of the Arabian Gulf market and its specific requirements. It is supported by an experienced team that is familiar with the traditions and culture of the region and aware of the issues that have an impact on the client's business affairs.
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