Rotanas Chief Executive Officer Omer Kaddouri wins Hospitality CEO of the Year at CEO Middle East Awards 2017
Rotana, among the leading hotel management firms in the region with resorts throughout the Middle East, Africa and Turkey, added yet an additional prominent honor to its long listing of accomplishments when its President & Chief Executive Officer Omer Kaddouri was bestowed the Hospitality CEO of the Year award at the Chief Executive Officer Middle East Awards 2017 held yesterday evening in Dubai.
A Rotana veteran, Kaddouri has actually been with the company for virtually twenty years and has served as President & CEO considering that January 2014. His critical vision and hands-on management have been instrumental in enhancing Rotana's preeminent setting in the region's hospitality landscape, with his focus on customer centricity, market-based critical planning and diversified business advancement making it possible for the company to accomplish sustained growth and growth in the middle of a challenging operating environment.
" I'm deeply honored and humbled to approve this award," Omer Kaddouri said. "I dedicate this honor to all my remarkable coworkers at Rotana, without whose hard work, commitment and professionalism Rotana would not have actually become one of the industry leaders it is today.
" This award is a testament to Rotana's sound business version and its dedication to placing market understandings and consumer requires at the heart of decision-making. A lot more importantly, it reiterates that we as a company are on the ideal track toward accomplishing our goal of running 100 properties worldwide by 2020, Kaddouri concluded.
In choosing Kaddouri for the award, the judging board took into account his overall stewardship of Rotana and his contribution to enhancing organizational efficiency across key areas such as financial performance, business growth and expansion, technology adoption, social and environmental sustainability, and employee development.
Last year, despite the hospitality industry having been struck hard by reducing global financial development and decreasing oil rates, Kaddouri had the ability to make certain that Rotana hotels kept their market share and achieved high occupancy levels on the same level with 2015. As business from conventional source markets such as Russia and China decreased, Kaddouri's strategic mastery and deep understanding of the hospitality market was brought to the fore as he led a hostile press to produce a more diversified mix of feeder markets. As a result of these efforts,
Rotana was able to generate enhanced business from nations in the Eastern European region, therefore aiding counter the decline in arrivals from its fortress markets. At the exact same time, Kaddouri managed to move the company even more along its enthusiastic growth and development strategy. During 2016, Rotana opened six brand-new resorts, and signed administration arrangements for nine new hotels, to combine its management position in the region.
Kaddouri additionally launched a number of actions aimed at enhancing the marketplace positioning and charm of Rotana's diverse mix of F&B offerings, and his commitment to utilizing innovation to supply improved visitor experiences led the company to increase its on-line visibility and present a series of social media-focused innovations.
In keeping with his belief that Human being Resources will stay a key consider the growth of the company, Kaddouri led several efforts including the retention and succession planning of coworkers. The majority of noteworthy among these is the TAROT (The Accelerated Refinement Of Talent) program, which targets ambitious university graduates along with enthusiastic existing employee that Rotana believes have a bright future.
In the course his distinguished career, Kaddouri has actually received numerous industry honors and has actually likewise been recognized by Switzerland's prestigious Les Roches International School of Hotel Management with an Innovation Award for his outstanding payments to the hospitality industry.
