Forbes Middle East

43. Joachim Schmitt

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CEO

Company: Orascom Hotels Management

Country: Egypt

Nationalit­y: German

Sector: Hotels & Hospitalit­y

Schmitt has been in his current role since July 2018. Orascom Hotels Management today has more than 5,235 employees across 35 operating hotels in Egypt, Oman, Switzerlan­d, and the U.A.E. The company also has 29 hotels under developmen­t in Montenegro, Morocco, Egypt, Switzerlan­d, and Oman. ODH, the parent company of Orascom Hotels Management reported revenues of $245.2 million in the first half of 2021. Schmitt previously worked with Kempinski, the Interconti­nental, Oberoi, and Four Seasons.

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