Dubai Properties Group
Director of Hospitality Asset Management
Stuart Etherington is the Director of Hospitality Asset Management of Dubai Properties Group – a Dubai Holding Company, one of Dubai’s leading real estate development organisations with circa. 3,540 hotels rooms within its portfolio of 14 hotels, 5 marina’s, approximately 75,000 residential units and more than 1.2M SqFt. Retail leasable space either in operation or development in Dubai.
Etherington joined Dubai Properties Group Asset Management division in December 2015. A new challenge, to conceive a new business vertical providing recurring income through hospitality assets over and above the incomes already received from residential and retail assets, he is responsible for the company’s hotel assets strategic direction, operational asset management, growth and performance and was pinnacle in the implementation of Hotel asset management process manual, relating to both Hotel operational needs and hotel development, which has gained endorsement by HAMA (Hotel Asset Management Association) as industry “best practise” creating the Asset management DNA that delivers the vision and financial performance demanded by DP.
Previously, Etherington served three years as Director Hospitality Development of Omran, Oman’s tourism development company where he oversaw a network of renowned accommodation developments and operations.
Prior to joining Dubai Properties, Etherington spent 20 years in various leadership positions, as Vice President of Kempinski Hotel Middle East, Africa and Indian Ocean, Global Hospitality Consultant of Woods Bagot Australia and Development Director for Sir Terrance Conran, London.
Etherington started his career as a Hotelier in global upscale and luxury hotel chains based throughout Europe.
Etherington is a serving member of HAMA – Hospitality Asset Management Association and the Institute of Hotel Management.
Lada Shelkovnikova, Partner, Hotels and Hospitality, Withers KhattarWong
Stuart Etherington, Director of Hospitality Asset Management , Dubai Properties Group