With the Middle East and Africa (MEA) division
of Marriott International planning to double its hotels over five
years, the company has appointed Alex Kyriakidis, a top global
executive at Deloitte LLP, as president and managing director of
the division, effective 1 January 2012.
With 33 hotels in 10 countries, the MEA division
is poised for major growth: approximately 40 hotels are in
Marriotts hotel development pipeline in the region and plans
include significant new development in sub-Saharan African
markets.
Mr. Kyriakidis, currently Deloittes global
managing director for Tourism, Hospitality & Leisure, will be
based in Dubai.
Fluent in Arabic, English and Greek, Mr.
Kyriakidis will lead Marriotts team in the MEA, one of the
companys four continental operating divisions. He will oversee
all aspects of the divisions business activities, including
operations, sales and marketing, finance and hotel development.
The companys other continental divisions are the Americas,
Europe, and Asia Pacific.
Arne Sorenson, Marriotts president and chief
operating officer, said, Alex brings exceptional business acumen,
deep expertise in lodging, and focus on growth with a global mind
set. He is the perfect leader to drive and manage our growth in
the region.
In his current position at Deloitte, Mr.
Kyriakidis has led a team of 4,500 in a division that generates
$700 million of revenues. His wide-ranging, 38-year career extends
to 25 countries, with a particular focus on the European, Middle
East and Africa, and Asia Pacific regions, and involves broad
experience in strategic and financial planning, mergers and
acquisitions and asset management.
A regular speaker at major conferences globally,
Mr. Kyriakidis is a Fellow of the Arab Society of Certified
Accountants, Fellow of the British Association of Hotel
Accountants, and Fellow of the Institute of Chartered Accountants
in England and Wales.
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