IFAH

Business Summary

IFA Hotels and Resorts - KPSC engages in the development, management, and marketing of hotels and resorts in Kuwait, Asia, the United Arab Emirates, Africa, and internationally. It operates through four segments: Property Development, Hospitality, Investments, and Others segments. The company offers hotel management, serviced homes, and vacation rentals services under the Fairmont Hotels & Resorts, Kempinski Hotels, Mövenpick Hotels & Resorts, and Sheraton Hotels & Resorts brands. It also purchases, develops, manages, and sells real estate properties and land; and trades in private residential plots. In addition, the company holds, purchases, and sells shares and bonds of real estate companies; provides studies and consultations on real estate issues. Further, it prepares real estate auctions; provides buildings general contracting; holds and manages commercial and residential complexes; establishes building foundations for residential, commercial, maintenance, touristic, urban, athletic buildings, and projects; and operates beach clubs. Additionally, the company offers travel and tourism services, such as personal travel consultancy, and air chartering services, as well as provides events, meetings, corporate incentive arrangements; and offers assess to private jets, yachts, and tailor-creating travel experiences. The company was formerly known as Offset Consulting and Project Management Company – WLL – Najwa Ahmed Abdelaziz Al-Qatami and Partners and changed its name to IFA Hotels and Resorts - KPSC in May 2005. IFA Hotels and Resorts - KPSC was founded in 1995 and is based in Kuwait City, Kuwait.