EMAAR Hospitality CEO Marc Dardenne resigns

In a statement to HotelierMiddleEast.Com, Emaar Hospitality Group confirmed the resignation of Marc Dardenne and his replacement with Patrick Heuze. Marc Dardenne has been instrumental in creating Armani Hotels & Resorts, a joint venture between Emaar and Giorgio Armani SpA. In May, General Manager of Armani Hotel Dubai, Oliver Key resigned, leaving for the same position at St Regis Abu Dhabi.

The Armani Hotel Dubai has been underperforming since its inauguration 2 years ago, however, the financial crisis is only partly to blame, most attributing the poor performance to the disfunctionality of the joint venture itself. Second Armani Hotel is due to open this Fall in Milan.