MILOUD CHAABI ENTRUSTS RYAD MOGADOR




Moroccan Miloud Chaabi, boss and billionaire of the YNNA Holding Miloud Chaabi entrusted his hotel chain Ryad Mogador to Golden Tulip Hotels.The collaboration was announced late last week during a press conference of the Ynna Holding. Golden Tulip acquired the contract for eight years, with a five-year renewal option.Thanks to Golden Tulip, the Moroccan hotel chain will get a better international visibility, said Miloud Chaabi. The chain is now called "Ryad Mogador by Golden Tulip".Thanks to the new cooperation, the management of the largest hotel chain in Morocco, will also meet international standards. Alcohol however remains banned and the hotel sticks here to his authentic Islamic Golden Tulip, originally a Dutch hotel chain, is present all over the world with 1072 hotels. With the Ryad Mogador chain another 12 hotels will be added with hotels in Marrakech, Tanger, Agadir and Essaouira. The former name of Essaouira is Mogador and the hotelchain refers with its name to Essaouira and the little place of Chiadma near Essaouira where Chaabi was born in 1929.Chaabi is also owner of the supermarket group Aswak Asalam  .In 2003 his daughter, Asma Chaabi became mayor in Essaouira and was the first woman ever elected mayor in Moroccon in history.Both Father and daughter are know for their philanthropic and charity works.

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