Emaar Hospitality CEO Olivier Harnisch has stepped down from his role “to pursue new interests”, according to a company spokesperson.
“We can confirm that Olivier Harnisch is leaving Emaar Hospitality Group to pursue new interests,” the spokesperson said. “We thank him for his contribution to Emaar Hospitality Group and wish him the best
In a statement, an Emaar Hospitality Group spokesperson said that the company’s current chief operating officer, Chris Newman, will now handle business operations.
In a recent interview with ITP sister publication Hotelier Middle East at the Arabian Hotel Investment Conference (AHIC), Harnisch said that Emaar Hospitality plans to focus on its current projects in the immediate future and “slow down” further expansion.
Harnisch added that the Dubai-listed firm has 39 projects in the pipeline, which he said is “a lot for a company of our size.”
Emaar is due to open five hotels in Dubai in the coming months, along with three more Saudi hotels in Meccah, Jeddah and King Abdullah Economic City.