National Corporation for Tourism & Hotels

National Corporation for Tourism & Hotels

AADX:NCTH
1.43
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Capital Structure

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Quarterly Revenue

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Quarterly Dividends Per Share

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Company Description

CEO
Hany Mahmoud Farag
Sector
Consumer services
Industry
Restaurants
Address
Abu Dhabi United Arab Emirates
IPO Date
Nov 15, 2000
Website
ncth.com
Business
National Corporation for Tourism & Hotels (ADX: NCTH) is a United Arab Emirates-based public joint stock company engaged in the investment, development, ownership, and management of hospitality assets, industrial catering operations, facility management, and tourism services. Founded in 1996 and headquartered in Abu Dhabi, United Arab Emirates, the company operates across five primary business divisions: Hospitality, Catering Services, Facility Management, Retail and Distribution, and Transport and Tourism. Through its Hospitality division, the company owns, develops, and operates a portfolio of upscale and luxury hotels, resorts, and branded residences under both proprietary and internationally recognized brands, including Danat Hotels & Resorts, InterContinental Abu Dhabi, Al Raha Beach Hotel, Danat Al Ain Resort, Danat Jebel Dhanna Resort, Tilal Liwa Hotel, and Dhafra Beach Hotel; providing accommodation, conference and banqueting facilities, food and beverage operations, beach clubs, and wellness and recreation centers. Through its Catering Services division, NCTH provides contract catering and hospitality support solutions for onshore and offshore oil and gas facilities, government institutions, military installations, corporate offices, healthcare centers, and educational entities; offering industrial meal preparation, specialized diet management, camp mess services, and executive event catering. Through its Facility Management division, the company delivers integrated life-support services; including camp and facility management, commercial housekeeping, industrial laundry, janitorial services, pest control, and building maintenance. Through its Retail and Distribution division, the company conducts wholesale, retail, and supply chain operations for beverages and consumer goods through established retail outlets and distribution networks across the UAE. Through its Transport and Tourism division, managed via subsidiaries including Sunshine Travel & Tours, the company offers passenger logistics and destination management; including corporate transport services, luxury car and coach rentals, airport transfers, inbound and outbound travel booking, and bespoke tour packages. In recent strategic developments, NCTH completed a major corporate expansion through the acquisition of a portfolio of hospitality assets and operating entities from Alpha Dhabi Holding, integrating ultra-luxury hospitality properties such as Cheval Blanc Randheli in the Maldives, alongside premium UAE assets including The St. Regis Saadiyat Island Resort and Al Wathba, a Luxury Collection Desert Resort & Spa, significantly scaling its total hotel asset portfolio, revenue base, and international footprint.