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BridgeStreet Contracts Mahmoud Noureldin to Expand Development Opportunities
Thursday, September 08, 2011
HERNDON, VA - BridgeStreet®, the leading international provider of residences, serviced apartments and suites, has announced that Mahmoud Noureldin will serve as a new development contractor for countries in the Gulf Cooperation Council (GCC), which consists of Bahrain, Kuwait, Qatar, Saudi Arabia, the Sultanate of Oman and the United Arab Emirates. Noureldin is charged with expanding the company's franchise and management programs across key GCC cities. He will report to Max Thorne, Senior Vice President of International Development.

"Mahmoud's appointment is essential to supporting our development strategy and bringing greater awareness of BridgeStreet's product and capabilities to owners and investors throughout the region," said Sean Worker, chief executive officer. Noureldin brings to BridgeStreet a wealth of business experience, including real estate development and international business strategies that he acquired while leading companies in the Middle East.

Max Thorne added: "We welcome his expertise in identifying key management and franchise opportunities throughout the GCC that will allow us to fulfill the growing accommodation needs of our clients. BridgeStreet's unique programs are designed to increase revenues and accelerate asset growth through unrivalled efficiency in asset management in the serviced apartment sector."

Noureldin's experience in the real estate industry dates back to 1995 when he worked as a site engineer at Touristic Real Estate Investment in Egypt. Most recently, Noureldin served as the general manager at Qatar's Tadmur Real Estate, an extension of Tadmur Holding that he helped establish. In this leadership role, Noureldin was able to attract the attention of BridgeStreet and make the company into a franchisee by starting a service apartment business in Doha. This has helped Qatar become a part of BridgeStreet's global network, which includes serviced apartments in more than 50 countries around the world.

Noureldin has earned a bachelor's degree in civil engineering from El-Mansoura University in Egypt, a sales & marketing certificate from American University in Cairo and recently completed his master of business administration at the University of Manchester Business School.

The BridgeStreet brand is a leader in distribution, offering 20,000 apartments in its worldwide network. The company is the recipient of major industry awards including, Company Member of the Year from the Corporate Housing Provider Association (CHPA) and the 2011 Business Travel Award for Best Serviced Apartment Provider.

BridgeStreet is the leading global provider of fully furnished residences, serviced apartments and suites for travelers looking for a hotel alternative. BridgeStreet's 5-star Residences, 4-star Serviced Apartments and 3-star Suites combine the best of apartment living with a variety of service packages to offer guests more choices based on their lifestyle and budget. An award winner both in the Americas and EMEA, BridgeStreet is widely recognized for its uncompromising standards of quality, comfort and service. For more information about the company or to learn more about how BridgeStreet is making guests and clients Feel connected™, visit www.bridgestreet.com.