Barrows Hotels steps into the airport hotel market

Barrows (www.BarrowsHotels.com), the provider of hotel investments and hotel advisory services in the Middle East and Africa, is entering the airport hotel market. Airport hotels are the guarantee of a high occupancy rate and solid income for institutional investors.

Airport hotels are one-of-a-kind items to invest in. Located in high traffic locations, they offer solid performance due to high occupancy. Location, occupancy and associated cash flow are important characteristics for an airport hotel. Long-term contracts with airliners and multinationals ensure sustainable occupancy of hotel rooms and use of the food and beverage chain.

Airport hotels are an important growth engine for our business. We like to invest in airport hotels because of their long-term sustainable nature. Investing in durable places and objects always involves a low risk profile. This benefits our investors. Due to the global pandemic, Barrows has developed a business case that will secure growth for years to come and increase EBITDA, said President Erwin Jager of Barrows Hotel Enterprises.

If you’re not thinking about possibilities right now, you may be missing out on great opportunities. Barrows is taking advantage of current market conditions and has a clear focus on high quality hotel real estate. Uniquely located airport hotels are an important part of this. These hotels show strong results and offer a decent return. Over the next 24 months, Barrows certainly wants to invest in 10 strategically located airport hotels and further expand its position in the airport hotel market.

These hotels can be used for very different purposes. We not only rent rooms, but also conference rooms, shops and flexible offices, for example. These hotels have a unique public function in society and it is also our duty to add value and further develop and utilize these assets. If an airport hotel isn’t performing well today, there’s something wrong with management, says Erwin Jager.

Barrows Hotel Enterprises globally manages more than 10,000 hotel rooms 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 its strategy and the company is fully focused on the fast growing hospitality industry in the Middle East and Africa.

Distributed by APO Group on behalf of Barrows Hotel Enterprises.

For more information:
Barrows Hotel Businesses
E-mail: [email protected]

This press release was issued by APO. Content is not vetted by the African Business editorial team and none of the content has been checked or validated by our editorial teams, proofreaders or fact checkers. The issuer is solely responsible for the content of this announcement.

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