General Mediterranean Holding: Best Hospitality & Leisure Portfolio EMEA 2022
Over the past four decades, General Mediterranean Holding (GMH) has built a diversified business with a presence in 22 countries. GMH is headquartered in Luxembourg with a representative office in London. The group has 130 companies in its portfolio and 11,000 people among staff — and strives to show each one that they’re a valued member of the family. GMH engages in various sectors and activities: banking and finance, real estate, construction, hotel and leisure, industrial, trading, pharmaceuticals, telecommunications, information technology and aviation. The group now has more than $3bn in consolidated assets. GMH first ventured into the hospitality business with the inauguration of Le Royal Hotels & Resorts. Located in the heart of Luxembourg’s financial centre, it’s now ranked among the world’s top 50 hotels. Some of the group’s other flagship developments include residential holiday apartments in the French Côte d’Azur, a luxurious hotel in the Spanish capital and a private resort overlooking the Dead Sea. It has several properties around the Sinai Peninsula, a land bridge between Africa and Asia with the Mediterranean Sea to the north and the Red Sea to the south. GMH is also involved with a ground-breaking 62-acre regeneration project on the Southside of Chicago, which will become the city’s 78th neighbourhood — and generate upwards of $7bn in economic activity. The CFI.co judging panel presents General Mediterranean Holding with the 2022 award for Best Hospitality & Leisure Portfolio in Europe, the Middle East and Africa.
