Barrows Hotel Enterprises – Kuwait Financial Express http://www.kuwaitfinancialexpress.com Thu, 04 Nov 2021 09:15:40 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 Sustainability necessary for the hotel industry http://www.kuwaitfinancialexpress.com/sustainability-necessary-for-the-hotel-industry/ Thu, 04 Nov 2021 09:15:40 +0000 http://www.kuwaitfinancialexpress.com/?p=306075 DUBAI, United Arab Emirates, Nov. 04, 2021 (GLOBE NEWSWIRE) — Barrows, the provider of hotel investment and advisory services for hotels in the Middle East and Africa is investing heavily in making the hotel industry more sustainable.

A location where many people come together are hotels and hotel resorts. It is not without reason that the hotel industry is known as a major consumer of energy and consumption of food and drinks. But also consider, for example, the disposal of waste. There is still a lot to gain and improve in the hotel industry. Barrows Hotel Enterprises focuses on making the industry more sustainable and takes this into account in the choice for construction and hotel operator.

Employees and hotel guests have an important role in sustainability. New processes are used by them every day. The social responsibility of the hotel operator is increasing and that is necessary according to Chairman Erwin Jager of Barrows Hotel Enterprises.

Hotel operators and investors fully support making the industry more sustainable. It's necessary, because one of the main drivers is the increased attention from the global society. “The hotel guest really pays attention to the sustainability of the hotels and we see that when they make a choice for the hotel booking,” said Erwin Jager of Barrows.

Hotel guests are also increasingly willing to pay more for the room and facilities if this benefits a more sustainable stay. The investment will therefore be able to be repaid sooner than was previously the case.

As a Hospitality Professional, we are closely involved in the triangle between developer, investor and hotel operator. We have developed a sustainable strategy that is easy to implement during the construction phase and that benefits the operational processes of the hotel operator. We really add value with these improvements even if the location is in Africa, Middle East or Asia.

Without a hotel operator there is no business model and therefore no cash flow. By focusing on sustainable elements that creates the link between building and company during the first phase, the company is much better able to meet the requirements of hotel guests when it comes to sustainable business processes.

“The use of an international quality mark therefore can give an enormous boost to the quality mark of the hotels and their management. Hotel guests really opt for this and are prepared to pay a higher room rate or an additional service charge”, said Erwin Jager of Barrows.

Barrows Hotel Enterprises internationally manages more than 10,000 hotel rooms in more than 10 countries. The company started in 2008 as a real estate investor in the residential market in Dubai. Since 2012, Barrows has changed its strategy and the company is fully focused on the fast–growing hotel industry in the Middle East and Africa.

For more information
media@barrowshotels.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1d802a33–b156–48f6–92c3–e5d72ed87f41


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Strong Growth Figures Hotel Industry good for investors http://www.kuwaitfinancialexpress.com/strong-growth-figures-hotel-industry-good-for-investors/ Tue, 02 Nov 2021 19:11:43 +0000 http://www.kuwaitfinancialexpress.com/?p=306137 DUBAI, United Arab Emirates, Nov. 02, 2021 (GLOBE NEWSWIRE) — Barrows, the provider of hotel investment and advisory services for hotels in the Middle East, is very positive for the global hotel industry and sees huge opportunities for investors and developers.

Last year, the company noticed lower sales due to restrictions imposed by travel restrictions and declining demand for global hotel bookings. The turnover decline in hotel room sales was a fact, but the differences with the advisory branch of the company were very large. Never has the company managed to achieve such significant growth.

Many Hotels across the globe had massive problems and hired Barrows as their regular advisory partner. Today, the development of new hotels and the sales of hotel rooms are stronger than ever before. Investors are massively signing up for new hotel projects and they really come from all over the world.

The company expects strong growth in the hotel industry for the last quarter of this year and for 2022. "The economies are slowly closing, and world trade is returning back strongly," said Barrows Hotel Enterprises Chairman "" Erwin Jager. The market has been recovering for a few months now and hotels are opening their doors to the public again, which is giving a huge boost to employment.

Barrows Hotel Enterprises internationally manages more than 10,000 hotel rooms in more than 10 countries. The company started in 2008 as a real estate investor in the residential market in Dubai. Since 2012, Barrows has changed its strategy and the company is fully focused on the fast–growing hotel industry in the Middle East and Africa.

For more information
media@barrowshotels.com


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Barrows Hotels is looking for acquisitions in Asia and Africa http://www.kuwaitfinancialexpress.com/barrows-hotels-is-looking-for-acquisitions-in-asia-and-africa/ Tue, 02 Nov 2021 07:54:53 +0000 http://www.kuwaitfinancialexpress.com/?p=306307 LONDON, Nov. 02, 2021 (GLOBE NEWSWIRE) — Barrows Hotel Enterprises internationally manages more than 10,000 hotel rooms in more than 10 countries. The company started in 2008 as a real estate investor in the residential market in Dubai. Since 2012, Barrows has changed its strategy and the company is fully focused on the fast–growing hotel industry in the Middle East. Barrows' ambition for the coming years is loud and clear. The company wants to expand its range of services in view of the rapidly growing tourism industry. In addition, Barrows aims for international expansion in growth markets such as Asia, Africa and Russia.

In this context, an office was recently opened in Singapore. With its headquarters in Dubai, the company has a solid market share. The company has been growing strongly in Asian countries since the Covid19 pandemic. Barrows is a well–known gateway for the international hotel industry, acting as a real estate developer, investor and management advisory. Besides the hotel chains, Barrows has the most connections with institutional investors, but also counts family offices and high net worth individuals among its clientele.

By acquiring, Barrows Hotels is expanding its service offerings with various products in various Asian and African countries. With the acquisition, the company wants to grow into an important supplier in the international hotel industry in these regions.

Barrows Chairman Erwin Jager explains that the company will open offices in Johannesburg, Accra and Zhengzhou in the coming 2 months. Acquisitions of existing parties will quickly give Barrows enough scale to offer hotels a wide range of services. In addition to Asia and Africa, the Hotel specialist wants to expand in growth markets such as Russia from 2024. “In the meantime, we will continue to look at opportunities for acquisitions and collaborations. Barrows Hotels focuses on adding new markets and services to serve customers in the best possible way.”

For more information:
Barrows Hotel Enterprises
media@barrowshotels.com


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Barrows Hotels Comments on Recent Global Investors Meeting http://www.kuwaitfinancialexpress.com/barrows-hotels-comments-on-recent-global-investors-meeting/ Mon, 01 Nov 2021 18:02:25 +0000 http://www.kuwaitfinancialexpress.com/?p=306031 LONDON, Nov. 01, 2021 (GLOBE NEWSWIRE) — The hotel development industry is accelerating the completion of its business improvement initiatives aimed at creating promising new opportunities for investors.

The initiative is supported by the flexibility and effectiveness of relaxed government procedures worldwide and the numerous benefits it offers investors.

The announcement follows a digital meeting with government officials from several countries who see the importance of strengthening the global investment climate.
A large majority of investors say these initiatives will have a positive effect on the business climate in the global hotel industry.

Erwin Jager, chairman of Barrows Hotel Enterprises, confirmed that the hotel industry will continue to create the conditions necessary to strengthen its status for global investment.

As a developer and hotel investor, Barrows Hotel Enterprises focuses on the MENA Region and sees good opportunities after the global pandemic. The company has daily contacts with institutional and private stakeholders within the industry.

We see the accelerated growth of the investment environment in the hotel sector. In today's post–pandemic world, we need to keep pace with global developments while remaining vigilant and adaptive in our response to the ongoing rapid changes in our industry.

"The relationship with international investors is strong and we remain committed to continuous innovation and creating exceptional business opportunities that will drive growth within the hotel industry," said Erwin Jager.

Together we ensure that the hotel industry continues to offer opportunities within a very stable, sustainable and attractive environment. This offers huge opportunities worldwide to boost employment

Investors have recently indicated that the improvements will help improve procedures and reduce effort. This creates promising new investment opportunities.

Efforts by government agencies are welcomed with open arms. This allows the hotel industry to continue to create new opportunities to improve and simplify their services.


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