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Kabir Mulchandani is an Indian-born, Dubai-based real estate and hospitality businessman and philanthropist. He is the Founder and Chairman of FIVE Holdings, which includes FIVE Hotels and Resorts; FIVE Palm Jumeirah, FIVE Jumeirah Village, FIVE Zurich, FIVE LUXE, and FIVE Music along with The Pacha Group.
Jumeirah was established in 1997 and became a part of Dubai Holding in 2004, which is owned by Sheikh Mohammed bin Rashid Al Maktoum.Headquartered in the United Arab Emirates, the group manages 26 properties, including beachfront resorts, city hotels, and luxury serviced residences across the Middle East, Europe, and Asia.
The number of hotels in Dubai was 567 with a total of 112,796 hotel rooms. The number of hotel apartment buildings was 188 with a total of 25,154 apartments. According to The Middle East Hotel Benchmark Survey by EY MENA, [ 9 ] occupancy rates in Dubai hotels decreased by 0.5% between January and October 2019 compared to the rate of 74% between ...
Binghatti Holding (commonly known as Binghatti) is a private Emirati real estate development company headquartered in Dubai, United Arab Emirates. Founded in 2008 by Dr. Hussain Binghatti, the company operates in real estate, hospitality, and construction sectors, with a portfolio spanning residential and commercial projects across major Dubai areas such as Business Bay, Downtown Dubai, and ...
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