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14-Dec-2016

Emaar appoints new CEO for hospitality arm

Emaar Properties (Emaar) has announced that it hadsappointed Olivier Harnisch as the CEO of Emaar Hospitality Group. Harnisch joined Emaar from Carlson Rezidor Hotel Group in Brussels, where he was the COO. Harnisch comes with a mandate to drive the expansion plan of the hospitality arm. (Arabian Business)   Emaar (DU): AED7.68 as of 13 Dec, Rating: Buy, TP: AED10.29/share, MCap: USD14,983mn, EMAAR UH / EMAR.DU

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