LONDON, November 02, 2021 (GLOBE NEWSWIRE) – Barrows Hotel Enterprises operates more than 10,000 hotel rooms internationally in more than 10 countries. The company started in 2008 as a real estate investor in the Dubai residential market. Since 2012, Barrows has changed strategy and the company is fully focused on the fast growing hotel industry in the Middle East. Barrows’ ambition for the years to come is clear and clear. The company wishes to expand its range of services given the rapid growth of the tourism industry. In addition, Barrows aims for international expansion into growing markets such as Asia, Africa and Russia.
In this context, an office was recently opened in Singapore. With its head office in Dubai, the company has a strong market share. The company has experienced strong growth in Asian countries since the Covid19 pandemic. Barrows is a well-known gateway to the international hospitality industry, acting as a property developer, investor and management consultant. Besides hotel chains, Barrows has the most relationships with institutional investors, but also has family offices and high net worth individuals among its clientele.
By acquiring, Barrows Hotels expands its service offering with various products in various countries in Asia and Africa. With this acquisition, the company aims to become an important supplier to the international hotel industry in these regions.
Barrows chairman Erwin Jager explains that the company will open offices in Johannesburg, Accra and Zhengzhou within the next 2 months. Acquisitions of existing parts will quickly give Barrows enough scope to offer hotels a wide range of services. In addition to Asia and Africa, the hospitality specialist is keen to expand into growing markets such as Russia from 2024. “In the meantime, we will continue to seek opportunities for acquisitions and collaborations. Barrows Hotels is focused on adding new markets and services to serve guests in the best possible way. “
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Barrows Hospitality Companies