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Leading developer showcases UAE investor opportunities at Global Serviced Apartment Summit
Dubai, United Arab Emirates; Cheval Residences Group, London's luxury serviced apartment specialist, announces regional expansion plans ahead of showcasing UAE investor opportunities at the inaugural Global Serviced Apartment Summit MEA, being held in Dubai on 26th and 27th of October 2015.
The summit, being held at The Fairmont on the Palm, will feature two industry panel sessions presented by Cheval Residences' senior representatives who will share their expertise in the serviced apartment sector, managing third party assets as well as creating award winning residences. Opportunities will be available for discussion on the company's planned expansion into the UAE and wider GCC.
Mohammed Al Marzooqi, managing director, Cheval Property Management and Cheval Residences, and Mr George Westwell, director, Cheval Residences will be in Dubai representing their award- winning company, renowned for its collection of luxury serviced apartments and penthouses located in London's most desirable addresses.
Representing the owners' and investors' perspective, Mr Marzooqi will be on a panel with a group of active owners and investors in the sector who will share their views on stability versus opportunity, product type, revenue and occupancy, management agreements versus franchise and profitability versus hotel offering. From the operators and brands' perspective, Mr Westwell will be present on the panel discussing the growth of the serviced hotel apartment sector in comparison to regular hotel rooms in MEA and why they are so in demand.
As leaders in demonstrating how luxury serviced apartments can prove to be a more financially lucrative investment, the brand is excited to adapt their existing successful and award winning business model from the UK to a wider remit, in particular the GCC. With their existing expertise and tried and tested business model, Cheval Residences will share their wealth of knowledge on how operating a luxury serviced apartment complex can prove to create an alternative, flexible and competitive financial return than building and operating a hotel.
With the expertise of building turn-around and quality of property portfolio management Cheval Residences have an exciting array of London case studies which demonstrate high returns and value; a skill set which they are ready and primed to take worldwide.
Cheval Residences' London collection of serviced apartments and penthouses feature eight residences, each with their own individual style, yet all share the same ethos and levels of service rarely enjoyed outside the world's finest hotels. What sets the brand apart is that Cheval Residences provides the traveller a cost-effective alternative to a 5* hotel, with the same level of exclusive service. Guests are able to experience the comfort of a 'home from home', whether for a one night stay or longer rental period for months at a time. Each of the residences offers a dedicated concierge service to support any guests' needs.
Mohammed Al Marzooqi, managing director, Cheval Property Management and Cheval Residences, said; " We are delighted to be Platinum Sponsors of the Serviced Apartment Summit MEA in Dubai. Our company, with 30 years of trading experience in this sector has established an excellent reputation for delivering high quality 5* products coupled with exceptional levels of service to its loyal and discerning customers. We are in a prime position to expand our brand internationally and we are looking forward to developing key contacts within the region and sharing some of our expertise and experiences with them."
For further information please visit www.chevalresidences.com
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About Cheval Residences
Twitter @Cheval_London Cheval Residences offers a beautiful collection of serviced apartments, cottages and houses in some of London's most desirable addresses; Cheval Gloucester Park, Cheval Thorney Court, Cheval Knightsbridge, Cheval Calico House, Cheval Harrington Court, Cheval Hyde Park Gate, Cheval Phoenix House and Cheval Three Quays. Each of the eight residences has its' own individual style, yet all share the same ethos and levels of service rarely enjoyed outside the world's finest hotels. The apartments vary from an elegant open plan one bedroom apartment to a spacious three bedroom penthouse or townhouse depending on the guest's requirements.
Media Enquiries
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Alice Walker (alice.walker@fourcommunications.com) and
Sarah White (sarah.white@fourcommunications.com)
+971 4 362 5129
© Press Release 2015
