The group plans to invest $500 million over the next two years, strengthening its footprint in Dubai and Ibiza and expanding into the US and Asia
Kabir Mulchandani
Latest in Kabir Mulchandani
Five Holdings
Dubai’s FIVE Holdings mulls IPO and listing in London or New York: Report
Founder and Chairman Kabir Mulchandani has always looked at Dubai for primary listing, but a Reuters report says it could be an international exchange
dubai hospitality
EXCLUSIVE: FIVE hotels to create 50 new “staff millionaires” after IPO
Founder to give $200m shares to staff
dubai hospitality
The sound of money
Kabir Mulchandani’s FIVE Holdings has become eponymous with creating hotels that are a “Disneyworld for adults.” The 1,500 rooms across four properties are often a sideshow to the spectacular entertainment that has made waves across the globe. With a $2bn IPO on the cards, it’s a strategy that has been a staggering financial success
Five Holdings
LA judge throws out all claims in Dubai hotel dispute
Lawsuits by Viceroy and Dubai’s Five Holdings over luxury property on Palm Jumeirah dismissed
Dubai real estate market
Review: Is this Dubai’s swankiest rooftop lounge?
The Penthouse at Five Palm Jumeirah is a day club in the morning and a posh bar at night
Dubai
Viceroy files cross-claim against Dubai’s Five Holdings
LA firm alleges fraud, unfair business practices against Five over Palm Jumeirah hotel
