Gaurav Agarwal Receives Judges' Choice Award for Hospitality Role Model of the Year Award
The Director of Mercure Gold Hotel was recognized at the 9th Middle East Hospitality Excellence Awards
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In a distinguished acknowledgment of exceptional leadership and a commitment to excellence, Gaurav Agarwal, Director of Mercure Gold Hotel, received the prestigious Judges' Choice Hospitality Role Model of the Year award at the Middle East Hospitality Excellence Awards. The award, presented by Ibrahim Yaqoot, Executive Director, HR and Training, DTCM, and Raj Bhatt, CEO of Hozpitality Group, marks a significant achievement in Agarwal's illustrious career in the hospitality industry.
Gaurav Agarwal is recognized as a keen planner, strategist, and implementer with a proven leadership track record in developing and implementing procedures, service standards, and operating policies. His adept communication skills, both internally and externally, along with the ability to motivate employees to perform to their maximum potential, showcase his talent for building lasting relationships.
Currently serving as the Director and chief Financial Officer of Gold Hotel Management LLC at Mercure Gold Hotel in Dubai, an arm of AT Capital Pte. Ltd, Singapore, Agarwal has been in this role since February 2008. In this capacity, he manages the hotel operations of the 100% FDI Hospitality Company with assets in the UAE, India, and Kazakhstan. His reporting is to the head offices based in Singapore.
Agarwal's responsibilities include project planning for hotels, business modeling and development, driving new business deals, and establishing corporate liaisons with departments like Marketing, Finance, Distribution, Revenue Management, and Human Resources. He actively reviews capex, high-value purchases, and agreements, ensuring alignment with operational and financial needs. Additionally, he plays a crucial role in implementing management agreements and adhering to IFRS standards of accounting.
As part of his role, Agarwal reviews monthly Profit and Loss accounts, reports with comments to the General Manager and Director of Finance and provides insights to the COO and head offices. He is involved in financial setups, disposes of requests for units, and leads and supervises the annual audit, liaising with external and internal auditors. His adept financial acumen extends to overseeing the annual budgeting and planning process in collaboration with GM, DOF, and COO, administering financial plans.
Agarwal's ability to handle, communicate, and present critical banking and financial matters to the COO and Head Offices reflects his strategic approach to ensuring the overall profitability of operations. Committed to a visionary, hands-on, innovative, result-oriented, and guest-focused approach, Gaurav Agarwal is an exemplary role model in the hospitality industry, demonstrating self-motivation, creativity, and initiative to achieve both personal and corporate goals.
Minakshi Pandey
India
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