Ehab Farouk Recognized in Hozpitality's Best 30 Finance and Revenue Leaders in the Middle East for 2024
Ehab Farouk is a renowned expert in finance and accounting in the luxury hospitality sector and has over 15 years of specialized experience.
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Ehab Farouk, Director of Finance at NH Collection Dubai The Palm, has earned a prestigious spot on Hozpitality's Best 30 Finance and Revenue Leaders in the Middle East for 2024.
With over 15 years of specialized experience in finance and accounting in the luxury hospitality sector, Ehab has established himself as a leading expert.
Ehab's career trajectory is marked by significant achievements, particularly in his current role, where he has been instrumental in the successful pre-opening and launch of NH Collection Dubai The Palm. His strategic oversight in financial management has been crucial in exceeding the property's Gross Operating Profit (GOP) and Net Operating Profit (NOP) targets. His meticulous financial planning and cost management approach has consistently surpassed budget expectations, ensuring economic stability and growth.
Prior to his role at NH Collection, Ehab served as the Financial Controller at Minor Hotels, where he continued to demonstrate his exceptional financial acumen and leadership. His previous positions include Assistant Director of Finance at Accor and various finance roles at Fairmont Hotels & Resorts and Marriott International. His extensive experience in these roles includes managing complex financial operations, driving revenue growth, and implementing robust financial controls.
Ehab's success is reflected in his financial achievements and ability to foster a highly engaged workforce, with an impressive finance engagement score of 86%. His leadership promotes a culture of alignment with company objectives and motivates his team toward excellence. His adept handling of investor relations further highlights his skill in effectively communicating financial health and strategic direction.
With a Bachelor of Commerce in Accounting and Finance from Alexandria University, Ehab combines his academic background with over a decade of practical experience to drive financial excellence and innovation in the hospitality industry. His commitment to advancing financial practices and contributing to the sector's growth is evident in his well-deserved recognition as one of Hozpitality's top finance leaders.
Minakshi Pandey
India
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