Interview: Saudi Arabia's Sheikh Abdul Mohsen Al Hokair

  • Share via facebook
  • Tweet this
  • Bookmark and Share

Visit Saudi Arabia for business or leisure and chances are the Al Hokair Group will be responsible for some aspect of your stay.

Split between hotel and entertainment divisions, the company — founded by entertainment and leisure pioneer Sheikh Abdul Mohsen Al Hokair in 1965 — services about 15 million visitors a year at 27 hotels in Saudi Arabia, plus two in the UAE. It also has 51 entertainment centres in both countries as well as India.

It’s been a fast-paced growth trajectory, with Al Hokair expanding geographically as well as in the scale and profile of projects since it launched a small park in Lebanon almost 50 years ago.

And it’s clearly just getting started.

“We are looking at investments in the MENA region on the whole. Qatar, Oman and Egypt are on the radar now. We believe there exists a strong potential and demand in these markets for high-quality family entertainment,” Sheikh Abdul, who oversees 5,000 employees as chairman of Al Hokair Group, tells Arabian Business.

Last month, Al Hokair, which had saw turnover worth SR2bn ($533.28m) in 2012, opened its first indoor family entertainment centre (FEC) in Dubai and the eighth in the UAE since it entered the market in 2008.

The AED30m ($8.17m) centre at Al Ghurair Mall, which comes under its UAE flagship brand Sparky’s, precedes another Sparky’s opening in Fujairah in the second quarter of 2014 and is part of the conglomerate’s AED150m ($40.84m) planned investment blitz in the UAE in the next two years.

Al Hokair vice president, marketing and business development Mishal Abdul Mohsen Al Hokair, Sheikh Abdul’s son and an heir apparent to the family business, says that after 14.3 percent revenue growth in 2013, it expects this to increase to 20 percent in 2014.

Article continued on next page...

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
How Dubai is helping Ireland's economic push

How Dubai is helping Ireland's economic push

Tourism is now Ireland’s second-largest industry, and is playing...

Over half of suppliers asked for bribes by hotel managers - survey

Over half of suppliers asked for bribes by hotel managers - survey

Nearly three quarters of suppliers said they know of other firms...

The new RNB stars

The new RNB stars

How Jason Myers, Gert Kopera and Christian Gradnitzer plan to...

Most Discussed
  • 10
    UAE teens among the highest for obesity rates

    Everyone in UAE knows that biggest is best.

    UAE may not light up the international league tables in standard of living, education standards, press... more

    Friday, 29 August 2014 4:20 PM - Proud UAEer
  • 9
    Saudi Arabia seeks talks on hiring of Sri Lankan maids

    perhaps the unemployed saudi men or the millions of women who are not allowed to work could pick up a broom and start sweeping their own houses. more

    Sunday, 31 August 2014 3:28 PM - nice
  • 9
    Smoke-free Dubai - the big debate

    Surprisingly the only studies that show a negative financial impact of the smoking ban on the hospitality industry are sponsored by tobacco companies ... more

    Wednesday, 27 August 2014 4:19 PM - Telcoguy
  • 24
    World's most pierced man refused entry to the UAE

    Tolerance has its limits everywhere including Dubai and those who considered Dubai a lawless circus were held thank you Dubai authorities... more

    Thursday, 21 August 2014 10:51 PM - Khalil
  • 23
    Baby NOT on board?

    Some of you cry babies need to get your own personal apartments on the plane ! You cry more then the babies I have seen in my travels. LOL more

    Thursday, 28 August 2014 9:10 AM - Jim
  • 21
    Israel “must be punished” over Gaza, says Dubai police chief

    This high moral ground that Mick is talking abt sound very familiar. May I remind Mick that the US & its British ally alone killed over 1 million innocent... more

    Thursday, 7 August 2014 4:12 PM - Mathew