IFA Hotels & Resorts
Country of origin: Kuwait
Years established: 1995
IFA Hotels and Resorts (IFA HR), enjoys significant global existence. Their current focuses are to maintain their core business in existing markets and to drive expansion across developed markets. They will also continue to evaluate emerging markets for strategic acquisition and partnerships in order to expand their existing portfolio.
In order to enrich their understanding of the market in which they are operating, IFA has entered into strategic alliance and joint venture partnerships with leading local companies like Kingdom Hotel Investments (Saudi Arabia), Istithmar (UAE), United Investments (Portugal), RCI (part of Cendant) and Related (United States).
In 2010, they created IFA Hotel Investments (IFA HI) in order to provide strategic direction to their operational assets and expand their portfolio within the hospitality industry. IFA HI leads on a worldwide scale and IFA HR’s operational asset portfolio includes its hotels, hotel condominiums, commercial, retail and food and beverage ventures.