Ishraq Hospitality, the asset management and hospitality division of Mohamed & Obaid AlMulla Group, announced its participation once again at Arabian Travel Market (ATM) 2024 where they will showcase its dedication to sustainability and community engagement initiatives across its portfolio.
As part of its presence at ATM 2024, Ishraq Hospitality will also unveil its highly anticipated 2024 Environmental, Social, and Governance (ESG) updates, highlighting the significant progress made towards building more sustainable, diverse, and equitable communities in the region.
Joseph Karam, COO at Ishraq Hospitality said: “We are thrilled to once again participate at Arabian Travel Market and equally proud to share our ESG updates for this year. Continuing our efforts to protect our planet is paramount, and I’m proud of our group’s overall efforts.”
The 2024 ESG report showcases Ishraq Hospitality’s commitment to environmental sustainability, social responsibility, and corporate governance. Sxome of the notable achievements highlighted include:
· Planting 2700 trees through Tree-Nation
· Participation in various campaigns supporting beach and desert cleaning, UAE Food Bank, blood donation, and more
· Achieving a reduction of more than 50 percent in single plastic consumption
· Implementing eco-friendly gifting practices
· Reducing paper consumption by 60 percent and energy consumption by 2 percent
· Two hotels achieving the Sustainability Stamp in 2023 under the bronze and silver categories
Ishraq Hospitality’s commitment to sustainability has not only led to environmental benefits but has contributed to the hotels’ successes. Holiday Inn Dubai Al-Maktoum was awarded a Silver Tier from The Dubai Sustainable Tourism Stamp for their commitment to sustainability, alongside its sister property Holiday Inn Express Jumeirah, which was awarded a Bronze Tier.
Additionally, as part of the scheduled events during ATM, Ishraq Hospitality is set to welcome a new property to its expanding portfolio. Georgia’s Crowne Plaza Batumi – Beach, located within close proximity to popular attractions, shopping districts and cultural landmarks, is a 130-key property complete with Sky Lounge, outdoor pool and casino that’s perfect both for business travellers and leisure tourists.
“We’re eagerly anticipating Crowne Plaza Batumi – Beach to join our portfolio. This latest inclusion in our portfolio underscores our ongoing commitment to broadening our footprint in strategic markets and providing top-tier accommodation choices for discerning travelers,” added Karam.
