Fairmont relocates headquarters from Paris to Dubai amid region’s hospitality boom – The National

Fairmont relocates headquarters from Paris to Dubai amid region’s hospitality boom – The National

Luxury hospitality group Fairmont Hotels and Resorts has moved its global headquarters to Dubai, the Middle East's tourism and business hub, from its current location in Paris, as it seeks to tap into the region's booming hospitality industry.

The shift is a reflection of the key role the region plays in Fairmont's global strategy, as nearly 40 per cent of its current projects are being developed in the Middle East, Africa, India and Turkey, Mark Willis, chief executive of Fairmont Hotels, said in a statement to The National on Tuesday.

Dubai, “where majority of the global leadership team will sit”, beat other cities, including London and New York, as the group's preferred location for its global headquarters, Mr Willis said.